$BTC / USDT Technical Analysis (1H Chart)

Key Indicators from Chart

• MA7 (yellow): 92,381 → Price is slightly below MA7 (minor short-term weakness).

• MA25 (pink): 91,365 → Price is above MA25 (bullish mid-trend).

• MA99 (purple): 91,476 → Price is above MA99 (supports bullish bias).

Market Structure

Strong bounce from 89,260 support, creating a higher low → bullish.

Price is consolidating between 92,000 – 92,600, forming a small bullish flag.

RSI (6): 53, showing neutral-to-bullish momentum (not overbought).

Support & Resistance

Support: 91,300 / 90,500

Resistance: 92,800 / 93,500

Bias: Bullish above 91,300

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