$BTC $

Current BTC/USDT price 91,265.1 USDT, 24-hour maximum 92,780.3 USDT, minimum 87,549.0 USDT.

Technical analysis:

1. Moving averages (MA):

• MA(7): 91,818.9 (above this price)

• MA(25): 90,229.2 (below the price, bullish signal)

• MA(99): 88,564.4 (indicating a long-term growth trend)

Conclusion: The BTC price is above the short-term moving averages, indicating a bullish trend.

2. MACD:

• The MACD histogram is below zero but approaching the signal line → an approaching buy signal.

3. RSI (Relative Strength Index):

• RSI(6): 50.1 (neutral)

• RSI(12): 58.3 (moderately strong)

• RSI(24): 58.3 (no buy signal, but not overbought)

Conclusion: The price still shows potential for growth, but is approaching overbought territory.

Trading strategy:

1. Long (betting on an increase):

• Entry: in the range of 91,200 – 91,500 USDT.

• Take-profit: 92,500 – 93,000 USDT.

• Stop-loss: 90,500 USDT.

2. Short (betting on a decrease):

• Entry: If BTC reaches 92,500 USDT and shows signs of decline.

• Take-profit: 90,500 USDT.

• Stop-loss: 93,200 USDT.

Overall conclusion: Currently, BTC/USDT is in a short-term bullish trend, but there may be resistance in the range of 92,500–93,000. Given the risks, cautious trading is recommended.#CryptoAdoption #WhiteHouseCryptoSummit #MtGoxTransfers