Bitcoin remains confined within a critical mid-range structure, oscillating between the 100- and 200-day moving averages. While the market recently attempted to reclaim higher ground, resistance around the 100-day MA has triggered renewed selling pressure.
Technical Analysis
By Shayan
The Daily Chart
On the daily timeframe, BTC has been trapped between the 200-day MA at $109K and the 100-day MA at $114K, both acting as major boundaries of equilibrium. The recent rejection from the 100-day MA, followed by a rebound off the 200-day MA, underscores the significance of this consolidation zone.
The $114K–$116K region continues to serve as a dense supply area, coinciding with the midpoint of the recent range and institutional order flow. If Bitcoin closes decisively above $116K, it would signal renewed strength supported by improving macro liquidity conditions after the Fed’s rate cut, paving the way for a potential rally toward $120K–$122K.
Conversely, losing the $109K–$110K region
We współpracy z: https://cryptopotato.com/bitcoin-price-analysis-btc-risks-falling-toward-100k-if-current-support-breaks/
