💹 BTCUSDT Analysis (18.08.2025)
Bitcoin is trading around $116,320.
Over the past day –1.2%, daily range: $114,605 – $117,945.
📊 What’s on the chart:
• Price above short-term MA7 and MA25 → market is in an uptrend.
• We are closely approaching long-term MA99 ($116,158) – key resistance.
• Volumes are decreasing on the rise → correction is possible.
⚖️ Balance of power:
97.9% of traders are long – market overheating is evident.
📍 Key levels:
• Support: $115,500
• Resistance: $117,900
🚀 In the long term, Bitcoin remains in a bullish trend (+96% for the year).
But in the short term, one should be prepared for a pullback before a new surge.