📈 Bitcoin Price Snapshot
- Current Price: ~$103,000
- 7-Day Trend: Sideways with slight bullish bias
- Key Support Levels: $100,000 / $98,500
- Resistance Zones: $105,000 / $108,000
📊 Technical Indicators
| Indicator | Status | Interpretation |
|---|---|---|
| RSI (14) | ~68–70 | Approaching overbought – could see pullback |
| MACD | Bullish | Uptrend momentum continuing |
| EMA (20 vs 50) | Bullish crossover | Indicates medium-term uptrend |
📉 Volatility Index (VIX) Comparison
- VIX Current Level: ~12.8 (Low)
- Interpretation: Market is complacent — typically bullish for risk assets like Bitcoin.
- Trend: If VIX starts rising, it could pressure BTC down.
📈 Equity Index Correlation
| Index | Weekly Trend | Impact on BTC |
| S&P 500 | Uptrend | Positive correlation – supports BTC strength |
| Nasdaq | Strong Uptrend | Tech-driven rally reinforces BTC momentum |
| Dow Jones | Flat | Neutral impact |
🔁 Trend Pattern Summary
- Bitcoin is moving in lockstep with tech indices (like Nasdaq).
- RSI shows BTC may pause, but no sharp correction expected unless macro volatility spikes.
- Low VIX supports current bullish sentiment, but keep an eye for a VIX reversal.
📌 Outlook (Next 2–3 Days)
| Direction | Probability | Notes |
| 📈 Uptrend | 60% | Supported by tech stocks, MACD, and low VIX |
| ➡️ Sideways | 25% | RSI plateau suggests consolidation |
| 📉 Pullback | 15% | Risk from RSI > 70 and VIX spike |