#BTC ### BTC/USDT
#### Observations:
1. **Current Price**: BTC is trading at **99,185.58 USDT**, showing a **+2.46%** daily increase.
2. **24H Performance**:
- **High**: **100,866.66 USDT**
- **Low**: **96,521.00 USDT**
- BTC is nearing its 24H high but showing slight pullback.
3. **Moving Averages (30m Chart)**:
- **MA(7)**: 99,422.22
- **MA(25)**: 99,681.09
- **MA(99)**: 97,893.14
- The price is above MA(99), indicating medium-term bullishness. However, it has dropped below MA(7) and MA(25), showing a short-term retracement.
4. **Trading Volume**:
- Volume shows a strong spike during the upward move, with subsequent consolidation.
5. **Performance Metrics**:
- BTC has gained **48.18% in 90 days** and **130.59% in 1 year**, showing strong long-term upward momentum.
#### Short-Term Prediction:
1. **Resistance Levels**:
- Immediate resistance at **100,000 USDT**.
- Strong resistance at **100,866.66 USDT** (24H high).
2. **Support Levels**:
- Immediate support is around **98,700 USDT**.
- A stronger support zone is near **97,800 USDT (MA99)**.
3. **Trend Direction**:
- If BTC breaks and sustains above **100,000 USDT**, it may retest **100,866.66 USDT** and potentially move towards **102,000 USDT**.
- Failure to hold **98,700 USDT** could push it toward **97,800 USDT**, with a chance of consolidation.
#### Suggested Strategy:
- **Buyers**: Look for entries near **97,800-98,000 USDT** if the price retraces or wait for confirmation above **100,000 USDT**.
- **Sellers**: Consider partial profit-taking near **100,800 USDT** or if BTC fails to break above **100,000 USDT**.
#wrote2earn $BTC