🚨 Analysis Update: BTCUSDT (Bitcoin)

Current Price: $109,579.70

Hello everyone,

I bring you another update on the market, continuing our previous analysis and observing the evolution of scenarios.

✅ Quick Summary

Bitcoin has surpassed the resistance at $109,690.40, reaching a daily high above $110,000.00, confirming buyer strength and the bullish scenario. The sentiment of "Greed" remains.

🔍 What was observed?

As anticipated, Bitcoin remained above $108,900.00 and made a new attempt to break out, surpassing the previously mentioned resistance at $109,690.40. The day's high exceeded the medium-term resistance, indicating consistent buyer strength. The support at $105,010.00 (4H) was not tested.

📅 1. Long-term (weekly):

The bullish trend remains, confirmed by the upward trend in relation to EMA50, RSI above 60 (64.24), and positive MACD Histogram (816.6480). The momentum remains positive and shows an increase compared to the previous analysis, reinforcing the strength of the bullish trend.

🕓 2. Medium-term (1d):

There was a breakout of the resistance at $109,690.40, with a close above this level. The former support at $108,900.00 now acts as immediate support. The RSI is above 60 (60.12), indicating moderate buyer strength.

📊 Important Levels

🔺 Resistances:

🔸$111,959.50 (long-term)

🔸$112,500.00 (new level, based on today's high)

🔻 Supports:

🔹$108,900.00 (medium-term)

🔹$74,457.00 (long-term)

⏳ Likely Scenario for 1-2 Days

If Bitcoin remains above $108,900.00, a new attempt to break the resistance at $111,959.50 is likely. A drop below $108,900.00, however, indicates a consolidation before a new decision, potentially testing the support at $105,000.00.

⛔ When does this analysis lose validity?

If it closes below $108,900.00 (1d) → weakens the current scenario.

If it closes below $74,457.00 (weekly) → indicates structural reversal.