$BTC #BTC120kVs125kToday #BTC

🧠 Technical analysis BTC/USDT (1H)

BTC reached 123,300 USDT as local resistance after a strong bullish impulse, but now shows signs of retracement. The price is below the EMA 7 (121,596) and approaching the EMA 25 (120,548), which may act as dynamic support.

📉 MACD crossed to the downside with decreasing histograms.

📊 RSI(6) at 43.2 and falling, indicating a loss of bullish strength.

🔍 Key zone: if it respects 120,500 – 121,000, we could see a rebound.