BTC/USD analysis of 3 5 30 and 2 h chart.
Based on the combined technical indicators
✅ Bullish Signals:
MACD is consistently positive and above the signal line, which is a strong bullish momentum indicator.
EMA(7) > EMA(25) > EMA(99) in some readings — this alignment confirms a bullish trend.
RSI values of 61.38 and 83.06 — though the 83.06 is overbought, it still confirms strong buying pressure.
Recent candlesticks are mostly green, showing immediate buy-side strength.
Short-term MA(5) > MA(10) — a bullish continuation pattern.
⚠️ Bearish Caution:
RSI > 80 in the latest data shows the market is overbought, suggesting a possible short-term pullback or consolidation.
Early data showed EMA(7) < EMA(25)/(99) — implying recent shift from bearish to bullish, meaning trend is not fully confirmed yet.
📊 Final Prediction:
The overall trend is bullish, supported by:
Positive MACD,
Bullish moving average crossover,
Strong RSI,
Recent green candlesticks.
> ⚠️ However, due to the high RSI, expect possible short-term corrections, especially if BTC faces key resistance zones.
> 🟢 Bullish (Short-to-Medium Term)
🔴 Watch for a pullback due to overbought RSI
trade here $BTC