This is a 4-hour (4h) chart for $BTC /USDT, and here’s the analysis:
Price Analysis:
- Current Price: 108,198.00 USDT
- 24h High: 108,420.56 USDT
- 24h Low: 107,245.00 USDT
- Change: +0.53% (₹9,241.19)
- RSI (Relative Strength Index): 48.01 (Neutral zone, neither overbought nor oversold)
Trendline Analysis:
- A purple trendline is visible on the chart, indicating an upward (bullish) trend. This trendline connects the lower highs and higher lows.
- The angle of the trendline suggests a stable upward movement in BTC, though recent candles show some volatility and a potential pullback.
- If the price stays above the trendline, the bullish trend may continue. A break below the trendline could signal a reversal or correction.
#BTC #OneBigBeautifulBill #BTCWhaleMovement #ETH