📉 Bitcoin Short-Term Technical Analysis (as of Sep 12, 2025)
🔍 Trend Overview
- Price Action: Bitcoin recently broke above the ceiling of a falling trend channel, suggesting a slowdown in bearish momentum or a shift toward sideways consolidation.
- Current Bias: Technically neutral in the short term.
- Recommendation (1–6 weeks): Hold position.
📊 Key Support & Resistance Levels
| Level | Price (USD) |
|---|---|
| Support | 107,700 |
| Resistance | 113,500 |
→ These levels define the short-term range. A breakout above 113,500 could signal bullish continuation, while a drop below 107,700 may trigger further downside.
📈 Momentum & Volatility
- Volatility: Moderate to high (15–34% range over recent periods)
- Volume Balance: Slightly negative over the past 22 days, indicating mild selling pressure
- Liquidity: Stable, with consistent trading volume
📌 Candlestick & Oscillator Insights
- Hourly Chart: Bearish correction with lower highs and lows; selling volume dominates
- 4-Hour Chart: Downtrend intact; support at $96,500 is critical
- Daily Chart: Long-term bullish structure remains, but momentum is fading near recent highs
- RSI: Overbought on lower timeframes (e.g., RSI ~75 on hourly), suggesting caution for new long entries
- MACD: Positive on higher timeframes, indicating underlying bullish momentum
🧠 Strategic Takeaway
Bitcoin is in a short-term correction phase, but the long-term trend remains bullish. Traders should monitor:
- Breakouts above $97,500 with strong volume for long setups
- Breakdown below $96,500 for short-term bearish continuation
- Oscillator resets (RSI, MACD) for timing entries