📊 Analysis $BTC /USDT – Trend for the next 24h
Currently, $BTC is trading around 109.933 USD, slightly down -0.8% in the past 24h.
After the drop to 106.300 USD, BTC has recovered but is facing strong resistance in the 110.600 – 111.000 USD range, where the MA7, MA25, and MA99 lines converge.
🔍 Technical signals:
• MA7 (110.001), MA25 (110.645) and MA99 (110.260) are converging → indicating that BTC is in a compression phase before strong volatility.
• The 4H candles are consecutively creating small bodies, volume is decreasing → the market is in a sideways accumulation, waiting for a breakout signal.
• Buying pressure still slightly dominates (82% buy orders), indicating that market sentiment is not pessimistic.
• Short-term support: 108.600 USD
Strong resistance: 111.000 – 111.500 USD
🧭 Forecast for the next 24h:
• If BTC stays above 109.000 USD, it is highly likely to accumulate in the 109.000 – 111.000 USD range, after which it may breakout to the 112.000 – 113.000 USD area if volume returns.
• In case of losing the 108.500 USD mark, the market may make a short-term correction to 106.000 USD to gain momentum for the next cycle.
💡 Reference strategy:
• Short-term trader: Look to buy around 109.000 – 109.300 USD, stoploss at 108.500 USD, target at 111.000 – 112.000 USD.
• Cautious trader: Wait for BTC to firmly break 111.000 USD before entering to confirm the new uptrend.
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⏰ In summary:
BTC is in a tight sideways accumulation phase around 110.000 USD. In the next 24h, it is highly likely that the price will move sideways – slightly increase, waiting for a clear breakout signal to confirm the next direction.
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