$BTC 1-Hour Technical Overview

Summary Signal: SELL

🔻 Sell: 11

⚖️ Neutral: 10

🔼 Buy: 5

Oscillators — Neutral Bias

Most momentum indicators are cooling off, showing indecision in short-term price movement:

RSI (14): 40.49 → 🟡 Neutral (No clear strength or weakness)

Stochastic %K: 13.59 → 🟡 Oversold but neutral

Momentum (10): -586.22 → 🟢 Buy (Early recovery signs)

MACD Level: -91.24 → 🔴 Sell (Bearish crossover in play)

Others like CCI, ADX, Williams %R also sit in neutral territory.

Price is consolidating, but bearish momentum lingers. Momentum suggests possible bounce, but confirmation needed.

Moving Averages — Bearish

10–50 MA (EMA & SMA): All flashing SELL

100 & 200 MA (EMA): Showing BUY, signaling long-term support zones below current price

Ichimoku Base Line: Neutral at 121,061.59 USDT

Short-term trend is clearly bearish, but longer-term averages hint at strong support forming below ~118k–115k zone. Buyers may step in if BTC dips into those regions.

CONCLUSION : #BITCOIN is currently under short-term selling pressure but not in panic territory.

If bulls defend the 118k–115k zone (based on 100/200 EMA), we may see a bounce.

A break below those could open the gates to deeper correction.

Stay cautious on lower timeframes — trend is not your friend here unless you’re scalping quick moves.