$BTC 🟢 BTC/USDT Analysis (1H)
Current price: $119,650
24h movement: +1.53%
24h range: $117,510 – $120,000
📈 Current trend:
• BTC is showing bullish strength after bouncing off the EMA25 ($118,505).
• The green candles with increasing volume indicate buyer momentum.
• The price broke through the previous consolidation level and is approaching the resistance at $120,000.
🔍 Technical indicators:
• RSI(6): 79.6 → overbought, but still no clear reversal signal.
• Positive MACD with bullish crossover → strong momentum.
• Increasing volume confirms institutional or large player interest.