The market sentiment for #BTC (BTC) in the very short term is bullish, supported by the position of the main technical indicators.
Currently, the price of BTC fluctuates around 95,938 USD, with an intraday high of 96,936 USD and a low of 95,936 USD
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Forecast for the next few hours
1. Immediate resistances
~97,500 USD: level that has been tested by the bulls and coincides with the recent peak zone.
~98,000 USD: psychological level and upper limit of the short-term lateral channel.
2. Key supports
~95,000 USD: primary floor formed in the last sessions and now acting as support.
~94,000–94,500 USD: technical base region and bottom of the accumulation channel.
3. Very short-term technical indicators (1-hour chart)
Moving Averages: “Strong Buy” rating on TradingView.
Oscillators: “Neutral” signal on TradingView, suggesting a balance between buying and selling forces.
RSI: above 50, indicating a slightly bullish bias.
4. Risks and alerts
If BTC loses the support at 95,000 USD, it risks retreating to 94,500 USD and, in case of greater pressure, testing 94,200 USD.
Macro news (central bank decisions, regulations) may intensify volatility.
Summary: the very short-term bias remains bullish, with the possibility of testing 97,500–98,000 USD in the next few hours, as long as the buying volume remains consistent. Pay attention to the supports at 95,000 USD and the behavior of the oscillators to assess the sustainability of the movement.
