$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.

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