Ramzi1121
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Updated technical analysis for Bitcoin (BTC)
19:50 Mecca time
#BTC
📊Updated technical analysis for Bitcoin (BTC)🤑
🔍 Momentum indicators and technical support
-RSI on short time frames (1 hour – 4 hours): is around 70+, indicating a potential overbought situation—we may witness a slight correction coming.
-MACD & moving averages crossover (4-hour): There is a positive crossover for upward movement, especially after breaking the accumulation triangle at ~$105,000, supporting a scenario for a rise towards $109,000 if momentum continues.
📊Updated technical analysis for Bitcoin (BTC)🤑
🔍 Momentum indicators and technical support
-RSI on short time frames (1 hour – 4 hours): is around 70+, indicating a potential overbought situation—we may witness a slight correction coming.
-MACD & moving averages crossover (4-hour): There is a positive crossover for upward movement, especially after breaking the accumulation triangle at ~$105,000, supporting a scenario for a rise towards $109,000 if momentum continues.
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