BTC/USDT 24H Analysis | April 23rd
Current Price: 93,912.59 USDT
24h High: 94,696.05 USDT
24h Low: 90,905.00 USDT
24h Change: +2.70%
Volume: 37,667.03 BTC / 3.50B USDT
Bitcoin has shown strong recovery within the last 24 hours, climbing over 3,000 USDT from the daily low. The price action has been volatile, but the overall trend has shifted bullish in the short term.
Key Observations:
Support zone: 90,905 – 91,935 USDT
Resistance zone: 94,226 – 94,696 USDT
MACD & Volume: Bullish divergence observed. Rising histogram and volume spikes on upward candles indicate potential strength.
Parabolic SAR: Shifted below price — suggesting a possible continuation upward.
Market Sentiment:
Buyers are stepping back in after a sharp dip, showing confidence near the 91K level. A breakout above 94,700 could open the way to retest psychological levels near 95,500 – 96,000.
24H Strategy:
Long Position: If BTC breaks and holds above 94,700, aim for 95,500+
Short Position: If it fails below 93,000, watch for a return toward 91,000 support
Risk Note: Keep stop-loss tight in this volatile zone. Fast moves can occur in either direction.
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