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๐ BTC/USDT Market Analysis & Price Outlook ๐
Current Price: 107,944 USDT
24H Change: -0.68%
24H High: 108,784 USDT
24H Low: 107,222 USDT
๐ Market Overview (1H Chart Insight)
Bitcoin is currently consolidating in a tight range between 107,200 and 108,800 USDT after facing a steep decline from 109,000.
The market remains under pressure with lower highs forming consistently, indicating that bears are still active, while buyers defend the 107,200 support region.
๐ Technical Indicators:
MACD: Showing a slow recovery from bearish territory, though momentum remains weak.
RSI (14): Hovering around 41โ45, suggesting mild oversold conditions but lacking breakout strength.
WR (Williams %R): Around -54 to -65, indicating the market remains inside the lower zone, still oversold.
MA & EMA: All moving averages (MA5, MA10, MA30) are sloping downward, capping upside moves.
๐ฎ Multi-Timeframe Prediction
๐ 1H Prediction:
Likely sideways to slight downside until a clear breakout above 108,300 USDT.
If BTC drops and holds above 107,500 USDT, we may see a rebound test to 108,400 USDT.
Break below 107,200 USDT may accelerate towards 106,800 USDT.
๐ 4H Prediction:
Bearish bias persists unless BTC reclaims 108,800 USDT.
A lower high structure is forming, keeping price action inside a descending channel.
Possible rebound from 107,200โ107,500 USDT to test 108,600 USDT before next direction.
๐ Daily Prediction:
The market remains weak below 109,000 USDT.
A daily candle close above 109,200 USDT would shift momentum bullish short-term.
If not reclaimed, BTC risks slipping towards 106,500โ106,000 USDT in coming sessions.
๐ Custom BTC/USDT Price Trend Graph
Key Levels:
๐ Resistance: 108,800, 109,200
๐ Support: 107,500, 107,200, 106,800
#BTC#