$BTC Current Price: $107,068.94

24h Change: -1.42%

Volume (24h):

• BTC: 9,472.76

• USDT: 1.02B

🔺 Technical Indicators:

• Price Trend: After a recent upward rally peaking at ~$108,789, BTC has faced a slight correction.

• Candlestick Chart: The red candlestick with a long upper wick signals selling pressure and potential short-term weakness.

• Moving Averages:

• MA(5): 5.10554

• MA(10): 5.14594

• MA(60): 107.185,53 (Current price is slightly below the 60-period MA, indicating a potential bearish trend).

• Volume: Volume has slightly decreased, which may indicate weakening momentum in the upward movement.

📉 Market Sentiment:

• The 1-day change is negative (-1.42%), signaling short-term bearish pressure.

• RSI is not shown directly, but based on price action and MACD behavior, momentum seems to be cooling.

⸻

🔮 Forecast:

In the short term (next 24–48 hours), BTC may:

• Retest the support around $106,700–$106,300.

• If it holds, we might see a bounce back to $107,800+.

• If the support breaks, a pullback toward the $105,000 level is possible.

Recommendation: Caution is advised. If trading, wait for confirmation of support holding before entering long positions.