$BTC

BTC/USDT chart data on the Binance platform in a 4-hour time frame (4h). I will now provide you with a comprehensive technical analysis in terms of the current situation, forecasts, conclusions, and potential scenarios:

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📊 Real-time Technical Analysis

✅ Current Price

• Price: 105,840 USDT

• Change: -1.58% over 24 hours

• 24-hour Range: 105,578 ↔ 107,748

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🧠 Active Technical Indicators

1. Moving Averages (EMA):

• EMA 7 = 106,599

• EMA 25 = 107,018

• EMA 99 = 106,101

🔸 Current price is below all three moving averages ➤ Negative signal (ongoing selling pressure)

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2. Relative Strength Index (RSI):

• RSI(6) = 19.2 (very sharp oversold)

• RSI(12) = 34.6 (close to oversold)

• RSI(24) = 45.6

✅ Indicator that the price is close to a potential bottom and may have a temporary upward rebound

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3. Bollinger Bands Indicator:

• The price approached the lower Bollinger Band

• ➤ Signal indicating the possibility of a corrective upward rebound