BTC 4H Analysis:
🚀 Trend Analysis:
• BTC is showing steady upward movement on the 4H chart, consolidating around 98,000 📈. After a sharp correction, mid-term trends are stabilizing near the upper range of consolidation.
📊 Moving Averages:
• Short-term MAs (7 & 25) are turning up, signaling bullish momentum 🔝.
• The long-term MA (99) is flattening, and the price is above it, suggesting a potential shift towards a stronger mid-term trend.
🔍 Volume Analysis:
• Periodic volume spikes indicate active market participation 📊.
• Recent candles show slight volume increases, hinting at more upside in the short term!
🔑 Support & Resistance:
• Support: 96,400 (MA25) & 94,000 💪.
• Resistance: 100,000 🚧. A breakout here could fuel a bigger upward move!
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