$BTC 🟠 BTCUSDT Technical Analysis – May 9, 2025
📈 Current price: $103,121.4
📊 24h Variation: +3.50%
📍 Daily Range: $99,050.1 – $104,373.0
📌 EMA Moving Averages:
🔥 EMA9: $98,198
⬆️ EMA21: $94,649
↗️ EMA50: $90,985
📊 EMA200: $86,818
🔍 RSI(6): 85.3 → Overbought zone, with risk of pullbacks.
🔎 MACD: Bullish signal with strength, although with possible short-term exhaustion.
💡 In summary 👇
Bitcoin consolidates above $100K with solid bullish momentum, but approaches a technical exhaustion zone. Very high RSI and still positive MACD suggest caution. A slight pullback does not invalidate the underlying trend.
📲 Daily analysis by Crypto Analyst
🕹️ Binance M-USD Perpetual Futures
⚠️ WARNING ⚠️
📌 This is a personal and subjective analysis from Crypto Analyst, not advice, and under no circumstances should it be taken as a trading signal.
💡 Remember that the cryptocurrency market is very volatile and unpredictable, so trade carefully and at your own risk.
🔎 Do your own research! (DYOR)