🪙 #BTC/USDT
Price: ₹1,04,507.92
Current RSI (4H): 33.93 (Oversold zone)
MACD: Bearish crossover with histogram turning red
Price is below MA(7), MA(25), and MA(99) — indicating short-term weakness.
🔍 My Analysis:
Bitcoin has faced a strong rejection from ₹1,10,500 zone.
But RSI nearing 30 suggests a bounce might be incoming.
We could see support around ₹1,02,000, and if it holds, expect a push toward ₹1,07,000+ again.
🎯 Entry: ₹1,03,500 (spot or low-leverage futures)
🛡 SL: ₹1,00,200
🚀 TP1: ₹1,07,000
💥 TP2: ₹1,10,200