$BTC
# BTC/USDT Market Analysis
## Current Price Overview
- **Current Price**: ₹30,661,384.78 (108,666.66 USDT)
- **24h Change**: +2.23%
- **Market Tools**: POW (Proof of Work) indicator, Volume data, Price Protection available
## 24-Hour Trading Data
- **24h High**: 108,767.24 USDT
- **24h Low**: 105,318.37 USDT
- **24h Trading Volume**:
- 15,141.09 BTC
- 1.62 Billion USDT
## Technical Indicators
- **Moving Averages**:
- MA(5): 109.48480
- MA(10): 129.53206
- **Relative Strength Index (RSI)**:
- RSI(6): 79.16 (approaching overbought territory)
- RSI(14): 70.08 (showing strong bullish momentum)
## Price Levels
Recent price levels show support and resistance points:
- Resistance around 108,767.24 (24h high)
- Current price at 108,666.67
- Support levels descending from 108,439.74 down to 106,764.63
## Time Frames Available for Analysis
- 15 minutes
- 1 hour
- 4 hours
- 1 day
## Additional Tools
- Depth chart available for market depth analysis
## Observations
The market shows bullish momentum with:
- Price near 24-hour high
- Positive percentage change
- High RSI values indicating strong buying pressure
- Significant trading volume (1.62B USDT)
Traders should watch for potential overbought conditions given the high RSI(6) reading of 79.16, which might signal a potential pullback or consolidation in the near term.
