BTC Current Analysis | ETH | ZEC

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BTC Current Analysis | ETH | ZECBitcoin / TetherUSBINANCE:BTCUSDTTrendingMovesTL;DR: ✅ 98K–100K = must-hold bullish base. ⚠️ 115K = breakout confirmation or rejection pivot. ⛔️ Break below 50WMA → 73K target. 🎯 Above 115K → 119K → 121K → 124K. 1. Structure Summary Current: Sideways with a bullish tone on daily. Key Zones: Support: 98K–100K Resistance: 115K Upper targets: 119.1K / 121K / 124K Deeper supports: 100WMA ≈ 73K 🔍 2. Short-Term (Daily Chart) BTC is consolidating sideways — likely forming a bullish continuation pattern (a flat range). Momentum (RSI/MACD) likely shows neutral divergence. As long as price stays above 98K–100K, bulls maintain control. A clean daily close above 115K would confirm range breakout, opening the path to 119–124K. → Bias: Bullish-neutral (accumulation before potential breakout). 🧱 3. Mid-Term (Weekly Chart) 50WMA acting as dynamic support; a breakdown below it often signals the start of a mid-term correction. If 50WMA breaks and holds below, the next logical demand zone aligns with 100WMA (to ~73K) — a deep retracement zone. Uptrend line support also converges near that level, increasing the probability of strong buying interest there. → Bias: Bullish until 50WMA breaks. If broken, expect a 25–30% correction to the 73K zone.