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#BTC90kChristmas #StrategyBTCPurchase

$BTC
$ETH

BTC/USDT – Technical Analysis

Trend

Long-term trend is bullish (price far above MA(99)).

After peaking near 126,200, BTC is in a medium-term correction / consolidation.

Moving Averages

MA(7) ≈ 102,436 → Price below short-term MA → short-term weakness.

MA(25) ≈ 84,219 → Price above MA(25) → medium-term structure still bullish.

MA(99) ≈ 37,439 → Strong long-term support, trend intact.

Price Action

Strong rejection from 126k (upper wick + red candles).

Current price around 91,381 showing a small bounce after a sharp drop.

Indicates profit booking, not trend reversal yet.

Support & Resistance

Immediate support: 88,000 – 90,000

Major support: 84,000 (MA 25 zone)

Strong support: 64,000 – 66,000

Resistance: 102,000 – 108,000

Major resistance: 126,000

Volume

Volume declining → selling pressure is reducing.

Suggests consolidation phase, not panic selling.

Market Structure

Higher highs & higher lows still valid on long timeframe.

Current move looks like a healthy correction in a bull market.

Outlook

Bullish above 84k

Sideways range likely between 88k – 105k short term.

Break above 108k → continuation toward 120k+

Break below 84k $BTC
{spot}(BTCUSDT)