The 4-hour chart for Bitcoin (BTC) currently shows a mixed bag of signals. While the price is trading above key moving averages like the 50-day SMA, suggesting a short-term bullish sentiment, the RSI at 64.02 indicates it's nearing overbought territory, which could signal a potential pullback.
Key resistance levels to watch are around $96,500 - $97,000. A break above this could lead to further gains. Support levels are around $95,500 - $96,000; failure to hold these might indicate a downward correction. Overall, the short-term trend appears bullish but warrants caution due to overbought signals.$BTC