$BTC 📈 Technical analysis of the chart (3D timeframe)

1. Current price: It is above the 25-day moving average (MA25 = $100,887) and well above the MA99 ($88,744), but slightly below the MA7 ($105,469).

👉 This suggests there is a possible immediate resistance around the current level.

2. General trend: The price came from a high of $111,980. From there, it has corrected slightly. That area around $111k is a strong psychological resistance.

3. Relevant supports:

- $100,887 (MA25): technical support.

- Approximately $90,000: if the price breaks below the MA25, this area becomes plausible, especially if there is fear in the market or a bearish news.

4. Volume: There is decent activity, but nothing indicating an explosive breakout per hour. This supports the idea of a range consolidation before a larger movement.

What do you think, will the price drop or continue rising? #BTCbelow100k