BTCUSDT — Technical Analysis (12H)
$BTC #TrendTradingStrategy #bitcoin 🔍 Overview: Bitcoin (~92,646.8) is in a phase of sideways consolidation, building a solid floor.
1. Trend: The price remains above a key confluence: the EMA(7) (~91,539.5) and the EMA(99) (~91,545.3) are nearly at the same level, providing a very strong structural support.
2. Resistance: The main resistance remains the recent high at $94,760.3.
3. Support: The $91,500 - $91,600 zone (where EMA 7 and EMA 99 converge) is the critical level that bulls must defend.
4. MACD: The histogram shows small red bars, confirming the pause in momentum and the current consolidation.
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✅ Conclusion:
$BTC is compressing the price above a major support. As long as it stays above $91,500, the structure remains favorable for a potential push toward the highs.
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#Crypto #AnalisisTecnico #Bitcoin