$BTC $BONK $AEVO Bitcoin (BTC) Price Update – Binance
Current Price: $94,465.79 (+0.35%)
24-Hour Range: $93,377.00 to $95,199.00
24-Hour Trading Volume: 13,452.98 BTC ($1.27B USDT)
Key Technical Indicators
- Moving Averages:
EMA(7): $94,795.89 (near-term resistance)
EMA(25): $91,606.52 (strong support)
EMA(99): $89,296.94 (long-term trend support)
- Momentum Indicators:
Stochastic RSI: 9.85 (oversold, potential reversal signal)
OBV (On-Balance Volume): -1.18M (slight selling pressure)
### Market Analysis
The price is currently testing the short-term resistance at $94,795 (EMA7). A breakout above this level could push BTC toward the 24-hour high of $95,199. On the downside, if the price drops below $93,377, the next major support is at $91,606 (EMA25).
The Stochastic RSI is in oversold territory, suggesting a possible bounce if buying pressure returns. However, the negative OBV indicates some distribution, so traders should watch for confirmation before entering long positions.
### Trading Strategy
For short-term traders:
- Consider buying near $93,377 with a tight stop-loss below.
- If the price breaks above $94,795, target $95,199.
For long-term holders:
- The EMA(25) at $91,606 remains a strong accumulation zone.
### Final Notes
Bitcoin continues to consolidate within a tight range. Watch for a breakout above $94,795 or a breakdown below $93,377 for the next directional move.
For real-time updates, check the BTC/USDT chart on Binance: [BTC/USDT Trading Pair](https://www.binance.com/en/trade/BTC_USDT). #Kriptocutrader #BTC #PEPE #shiba⚡ #StrategicBTCReserve