#BTC $BTC

📊 1. Current Price and Recent Movement

Current price: 104,981.63 USDT

Daily change: +3.51%

Maximum in 24h: 106,074.20

Minimum in 24h: 99,613.33

The price has bounced upward after a slight drop, showing buying strength near the support of 99,000 USDT.

🧠 2. Exponential Moving Averages (EMA)

EMA(7): 103,316.12 (short)

EMA(25): 104,557.23 (medium)

EMA(99): 99,340.45 (long)

🔹 Currently, the price is above the 3 EMAs, which is a bullish signal.

🔹 The positive crossover between EMA(7) and EMA(25) indicates that there could be a bullish continuation if the momentum is maintained.

💪 3. RSI (Relative Strength Index)

RSI(6): 55.54

This indicates that the market is neutral with a slight bullish bias. There is still room to rise without entering overbought territory (which occurs from RSI > 70).

📉 4. MACD

MACD: -516.32

DIF: -598.26

DEA: -81.94

Although it is in negative territory, it is noticeable that the MACD is approaching the signal line (DEA), which could anticipate a trend change to positive if it crosses upward.

📍 5. Key Supports and Resistances

Strong support: 99,340 – 99,600 USDT (EMA 99 and recent minimum)

Immediate resistance: 106,000 USDT (maximum of 24h)

Strong resistance: 111,980 USDT (last maximum)

📈 Conclusion of Technical Analysis

✅ Current trend: Mild bullish in the short term

⚠️ Condition: Needs to break 106K with volume to confirm new momentum

🔮 Possible scenario:

If it maintains support above 103K and breaks 106K → rise to the 110K–112K area

If it loses 103K → it may test 99K–100K

#BTC