#ShareYourThoughtOnBTC #BTCUSDT 📈
Price Action & Levels: Bitcoin is trending upward, breaking above the 103,945.12 resistance (200 EMA) and approaching the 108,965.49 level. Support lies around 97,473.11 and 92,146.81.EMAs: The chart uses 20, 50, 100, and 200 EMAs. The price is above all EMAs, indicating a strong bullish trend. The 20 EMA (blue) is above the 50 EMA (red), confirming short-term bullish momentum.Volume: Volume bars show increased buying activity, supporting the upward move.CM_Ult_MACD_MTF: The MACD indicator at the bottom shows green bars, suggesting bullish momentum, though the histogram is narrowing, hinting at potential consolidation.Trendline: A rising trendline from early 2025 supports the current uptrend, with the price respecting this line.Overall, the chart indicates a strong bullish trend with key resistance at 108,965.49 and support at 97,473.11. The MACD and EMAs confirm bullish momentum, but watch for consolidation as the MACD histogram narrows.