$BTC BTC/USDT Market Analysis:
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Current Situation:
#btc · Price: $87,419.38 (-0.40%) ← Narrow sideways fluctuation.
· Daily Range: 86,420.00 - 88,372.35.
· Indicators:
· Bollinger:
· Upper (UP): 87,768.64
· Middle (MB): 87,223.88
· Lower (DN): 86,679.12
· RSI 6: 61.61 ← Moderate buying pressure (not overbought yet).
· STOCHRSI: 64.06 ← Upward trend.
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📈 Trading Plan:
1️⃣ Buy Scenario (Long):
· Condition: Bounce from 86,679–86,800 (Bollinger lower/support strong) with confirmation of a green candle.
· Entry: 86,800–87,000.
· Targets:
1. 87,768 (Bollinger upper)
2. 88,372 (Today’s peak)
3. 89,658 (Higher resistance)
· Stop Loss: Below 86,400.
2️⃣ Sell Scenario (Short):
· Condition: Rejection from 87,768–88,000 (Bollinger upper + today’s peak).
· Entry: 87,800–88,000.
· Targets:
1. 87,223 (Bollinger middle)
2. 86,679 (Bollinger lower)
· Stop Loss: Above 88,500.
3️⃣ Bullish Breakout Scenario (Breakout Long):
· Condition: Hourly close above 88,372.35.
· Entry: 88,400–88,500.
· Targets: 89,658 ← 90,492.
· Stop Loss: Below 87,800.
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⚠️ Important Notes:
1. RSI 61 → Available for upward movement without being overbought.
2. Narrow range → High chance of a breakout soon.
3. Volume 1.02B USDT → High liquidity, potential strong movement.
4. News: "Market Trends Influence Short-Term Crypto Traders" ← May increase short-term volatility.
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🎯 Immediate Recommendation:
· Current situation: Sideways between 86,679 and 87,768.
· Best: Wait near one of the boundaries with candle confirmation.
· Preferred: Buy from support (86,679–86,800) with RSI above 50.