### **BTC/USDT Technical Analysis - 2025-04-21**
#### **Current Price**: **87,304.98 USDT**
- **24h Range**: **83,949.52 - 87,795.26**
- **24h Volume**: **19,286.03 BTC (≈1.67B USDT)**
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### **Key Observations**
1. **Price Near 24h High**
- Current price (**87,304.98**) is close to the 24h high (**87,795.26**), suggesting bullish momentum.
- Resistance at **87,795.26** (today’s high). A breakout could target **88,000+**.
- Support at **83,949.52** (24h low).
2. **KDJ Indicator**
- **K (20.20) > D (19.14)**: Slight bullish crossover, but still in **oversold territory (all values < 30)**.
- **J (22.34)**: Starting to rise, indicating potential upward momentum.
- **Conclusion**: If KDJ continues upward, expect a short-term rally.
3. **OBV (On-Balance Volume)**
- **5,261.64**: Rising OBV suggests **accumulation** (buying pressure).
4. **Volume**
- High 24h volume (**1.67B USDT**) confirms strong interest.
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### **Short-Term Outlook**
- **Bullish if**: Price breaks **87,795.26** (target **88,500+**).
- **Bearish if**: Rejection at resistance could lead to a pullback toward **85,000**.
**Watch**: KDJ for confirmation of trend reversal.
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### **Actionable Insight**
- **Longs**: Consider if price holds above **87,000** with rising OBV.
- **Shorts**: Only if price drops below **85,000** with weak volume.
**Updated**: 2025-04-21 14:10 UTC#BTCRebound #SaylorBTCPurchase $BTC
