[TECHNICAL ANALYSIS]$BTC /USDC – MAY 8, 2025 | 1D Interval 📊
Price: 99,476.95 USDC (+2.46%)
📈 Daily high: 99,906.15
🔼 Nearest resistance: 101,179.46
🔽 Nearest support: 95,576.90
🔎 RSI(6): 79.13 – overbought zone ⚠️$
📉 MACD: Bullish momentum – buy signal maintained
📊 Volume: 2.36 million – increasing, supporting the trend
📈 MA(5) vs MA(10): short-term average breaks upward = momentum is increasing
🧠 Conclusions:
BTC is testing the psychological barrier of 100,000 USDC – bulls are close to the target! Breaking 101k could mean a new ATH 🌕. However, watch out for possible profit-taking – RSI suggests market overheating.
📡 Signal: Bullish with caution – critical hours ahead!
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⚠️ This is not investment advice.
Always DYOR (Do Your Own Research) and invest responsibly!