$BTC
๐ต Bullish Signs
โ Price has bounced strongly from the bottom around $80,561
โ Candles are closing above the MA(7) (yellow line) โ early sign of upward momentum
โ Price is trying to break above MA(25) (pink line) โ if it breaks and holds above $94,500, trend can turn bullish
โ Increasing green volume on recent candles โ buyers coming in
โก If BTC breaks and holds above $94,500 โ bullish continuation likely.
Next target: $102,400 โ $110,300 zone
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๐ด Bearish Signs
โ Price still below the MA(99) (major trend line), meaning overall trend is still down
โ Previous up-move rejected near $94,500 resistance
โ Volume still lower compared to earlier strong moves
โ Market has been in a downtrend for weeks
โก If BTC fails to hold above $92,000 โ bearish drop possible.
Next support: $86,656 โ $78,768
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๐ Quick Direction View
If BTC closes above $94,500 โ Bullish
If BTC drops below $92,000 โ Bearish