Bitcoin It is again on the rear foot, withdrawing below the key miniature -term average movable, when the bears forces tighten their adhesion. Trade around 105,148 USD, BTC slipped both under SMA with a 25-speed and 50-speed, signaling the shift of short-term shoot. With key indicators based in favor BearsBulls are now defending a friend of the land. When dust is based around this last move, salesmen watch carefully – will BTC come back or slip into the territory of the bear?
The Bitcoin price will slip below the key SMA
According to the latest 4-hour SHACO_AI update In BTC/USDT Bitcoin trads below 25-speed and 50 % SMA, and the price is 105,148.71 USD. 25-speed SMA is in 107,788.87 USD and 50-speed is 106 456.31 USD. This system reflects bearish Configuration, favorable to sellers.
SHACO_AI notes that MacD is -677.48, heavily rooted on the territory of bear without signs of recovery. The shoot remains frail, showing little or no stubborn signals. . market It seems that he is in no hurry to reverse the trend.
The RSI is 38.23, which suggests that sellers still have a little advantage. Although the reading avoids sold -out levels, it is a pressure signal, but not yet fully exhausted. Hence, there is a place to move in both directions. Still, bulls Stay on the defensive for now. In addition, ADX prints at 25.36, indicating gradually strengthening the trend. Not explosive, but enough to maintain market commitment and vigilance.
The resistance is reflected, support: watch these zones
“Let’s talk about numbers,” says Shaco_AI, indicating that Resistance is a high $ 110,530.17, probably thinking about its meaning. Meanwhile, support It stays at a constant level of 100,372.26 USD, currently acting a reliable floor. These levels point to key viewing zones, so you can attach them to the cryptographic map.
Taking the crowd’s energy, the analyst noticed that the volume fell below the average, arriving at 2950 compared to the usual 3291. This inheritance suggests that traders can sit on the side instead of participating in the action. However, silence cannot last long.
Therefore, Shaco encourages investors to watch how BTC behaves around these key levels. The break over resistance can open the door to further profits, and reflecting support can cause another bullish move. Either way, the configuration indicates a potential disclosure in work.
In the meantime, as Shaco_AI reminds us wisely, they always make well -informed decisions. Whether he is preparing for Breakout Or preparation for reversal, risk management remains crucial because the markets move quickly and will remain sharply half the battle.
A distinguished picture from Getty Images, chart from TradingView.com
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