📊 BITCOIN ANALYSIS (BTC/USD) – COMBINING TECHNICAL AND ON-CHAIN

🕒 Time frame: 1D (daily)

🪙 Current price: 96,274.23 USD

1. 🔍 Technical chart (TradingView)

✦ Price trend:

BTC is following a short-term upward channel (upward sloping trendline).

Approaching the resistance area of 99,000–100,000 USD.

✦ Technical indicators:

🔸 MACD (12,26,9):

The MACD line is crossing above the Signal → Strong buy signal.

The histogram (green bars) is expanding → Bullish momentum is strengthening.

🔸 RSI (14):

Current level: 66.87 → Near the overbought region (>70).

But not too hot yet, still room for increase.

🔸 Volume Oscillator:

Currently positive but not too large, indicating price increase has strength but not strong FOMO yet.

🔸 Strategic signals (Buy/Sell):

Recently there have been several BUY signals, supporting the confirmation of the upward trend.

2. 🔍 On-Chain chart (Whale Alert) – "Realized profits"

Recently, there have been several large green bars → Investors are taking profits (in profit).

Price increase coinciding with profit-taking activity → Healthy upward trend, no panic selling yet.

⛔ No strong selling pressure observed, which supports the upward price trend.

🧠 SUMMARY ASSESSMENT

FactorStateImpactPrice TrendShort-term increase✅ PositiveMACDCrossing above✅ BuyRSI66.8 (nearing overbought)⚠️ Monitor closelyVolumeAverage🔄 Needs additional pushOn-chainProfit-taking but stable✅ Sustainable increase

📌 Suggested strategy (not investment advice):

If you already have a position:

You may hold further, place a trailing stop below 93,000 USD.

If you have not entered a position:

Watch for a breakout of the 99,000–100,000 USD area with large volume → Buy breakout.

Or wait for a pullback to 93,000–94,000 USD for a safer purchase.