🔍 ANALYSIS #BTC/USDT
Bitcoin is trading within a descending channel (flag), remaining within key levels:
🔸 Resistance: ~111,980
🔸 Support: ~97,365
📊 Current price: $109,548
📈 The price is held above MA(5) and MA(10), indicating local bullish pressure.
💡 Volumes are moderate, OBV is stable — confirming buyer interest.
Possible scenarios:
✅ A breakout upwards from the channel may trigger momentum into the 113,800–115,000 zone
❌ A pullback from the upper boundary will return BTC to the channel support — into the 97,000–100,000 zone
📌 Key level for confirming the trend — $112,000