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