#BTCNextMove
1. Price decline: The BTC/USDT price is currently in a downtrend, as evidenced by the decline in the latest candles and the downward crossing of the MA(7) and MA(25) moving averages.
2. Support and resistance:
The nearest support is the level around 90,500.00, which the price has previously tested.
Resistance is located at 102,800.11 (previous high).
3. Volume: Trading volumes remain stable, but a slight increase in volumes on the downside may indicate panic selling.
4. MA(25) and MA(7) crossing: This is a signal of a possible continuation of the short-term downtrend.
What can await the coin in the future:
If the price breaks the support (90,500), this may lead to an even greater decline.
If the price holds and returns above 99.944, then a resumption of growth is possible.
Market news and macroeconomic factors can significantly influence the movement.