#BTCBackto100K #Bitcoin breaking $100K is a powerful signal | Mian-Awais on Binance Square

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#BTCBackto100K #Bitcoin breaking $100K is a powerful signal of its resilience, especially during economic turbulence. 
More and more see BTC as a strong alternative asset.

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$BTC "IF YOUR SALARY IS YOUR ONLY SOURCE OF INCOME, YOU ARE ONE STEP AWAY FROM POVERTY. “Warren Buffett”

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Your prediction is mostly not so good

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#StripeStablecoinAccounts ETH/USDT (Ethereum to Tether) from Binance, showing a strong bullish move. Here’s a detailed analysis based on the chart: ⸻ 1. Price Movement • Current Price: $2,048.45 • 24h Change: +13.32% (a significant upward move) • 24h High/Low: $2,075.65 / $1,787.01 • Recent High: Price peaked at $2,075.65 and slightly pulled back. ⸻ 2. Trend Indicators • EMA (7): $1,955.89 • EMA (25): $1,869.64 • EMA (99): $1,803.14 • The shorter EMAs are well above the longer-term EMA, indicating strong bullish momentum. ⸻ 3. Volume • Recent green volume bars show strong buying pressure. • Volume spike aligns with price breakout, confirming bullish strength. ⸻ 4. RSI (Relative Strength Index) • RSI(6): 89.34 • RSI(12): 81.32 • RSI(24): 72.56 • All RSI values are in overbought territory (>70), suggesting a possible pullback or consolidation soon. ⸻ 5. MACD • MACD Line: 26.97 • Signal Line (DEA): 18.64 • Histogram: Increasing • MACD is showing a strong bullish crossover, supporting upward momentum. ⸻ 6. KDJ (Stochastic Indicator) • K: 87.95, D: 82.00, J: 99.84 • These values also reflect an overbought condition, reinforcing the RSI warning of a potential near-term correction. ⸻ 7. Buy/Sell Signals • The recent chart shows a Buy signal near $1,949.43 and a Sell signal before the breakout. This implies an automated strategy might have re-entered after the breakout confirmation. ⸻ Conclusion • Trend: Bullish (short-term and mid-term) • Momentum: Very strong, supported by volume and MACD • Caution: Overbought levels in RSI & KDJ — may face resistance or pullback

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*USD Initial Jobless Claims* Actual. 228k Forecast 230k Previous 241k Impact on USD : *Positive* *USD Nonfarm Productivity (Q1)* Actual. -0.8% Forecast -0.4% Previous 1.5% Impact on USD : *Negative* $BTC #BTCBreaks99K

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