BTC/USDT Trading Update (118.18K)
BTC price breakout: BTC is trading ~$118.18K, coiled in a 116K–120K range after last week’s $123K high. Price remains above short-term moving averages (bull bias).
Short-term crypto signals: RSI ~66 (bullish momentum). MACD is flattening toward a bearish cross – momentum is mixed.
Crypto scalping: Intraday swings are tight (24h range ~$117.3K–118.9K), favoring quick scalp trades. Watch for volume spikes on any breakout.
BTC trade setup: Upside breakout above ~$119.6K targets the $120K–$123K zone. If support fails below ~$115.7K, risk rises – a drop toward ~$110K would follow.
