Day 26: $BTC Price Prediction – Breaking Into New Highs?
Welcome back to 100 Days of Learning Binance and Trade!
Today, we’re analyzing BTC/USDT’s price action and what might come next.
Current Price: $98,179.99
24h High: $98,275.99
24h Low: $95,784.61
Chart Observations (1D Timeframe):
Bollinger Bands: $BTC is hugging the upper band ($100,917), showing strong bullish momentum.
RSI (6): 75.21 – entering the overbought zone, a signal to watch for possible short-term pullbacks.
MACD: Positive divergence (MACD: 80.27) – still bullish, but histogram bars are flattening, indicating momentum may be slowing.
Prediction:
If BTC breaks and holds above $98,300, we could see a test of $100,000+ soon.
But if RSI cools down and price rejects $98K–$100K, a retrace to $95K–$93K is possible before the next move.
Strategy Tip:
Set alerts around $98,500 and $100,000. If momentum continues, consider riding the trend with stop-loss protection. For cautious traders, wait for a confirmed pullback to enter.
Tomorrow: Day 27 – Understanding Volume and Volatility
