BTCUSDT Daily Update

BTC is trading at 94,588 USDT with 20,666 BTC volume and an average volatility of 3.76%. RSI(14) at 67.55 and MFI(14) at 68.71 indicate increasing buying pressure, while CCI(14) at 76.98 supports continued bullishness. Price is near the upper BBands(20,2), suggesting possible overextension. ATR measures volatility at 3,022 USDT, indicating active market movement. The price is comfortably above SMA(50), and MOM(10) being above 0 confirms bullish momentum. MACD shows a bullish crossover, while ADX signals a strong bullish trend. Parabolic SAR is positioned below price action, supporting upward movement. TD Sequential is at 10 up, signaling a maturing trend.

Conclusion:

BTC maintains a strong bullish bias in the short term, but caution as price nears upper volatility limits.