๐ Bitcoin Bulls Are Back in Action! ๐
BTC/USDT has made a strong move upward, currently trading at $121,781.69 โ up +3.02% in the last 24 hours.
The price surged from a low of $117,466.34 to a high of $122,164.07, breaking through key moving averages (MA7, MA25, and MA99) with strong momentum. ๐
Indicators to note:
RSI(6): 87.23 โ Overbought zone, caution for possible short-term pullback.
MACD: Strong bullish crossover, showing buying pressure.
Volume: Increasing, confirming the breakout strength.
If the bullish momentum continues, BTC may attempt to retest $123K+. However, overbought conditions suggest a healthy correction might follow before the next big move.
๐ก Tip: Always manage your risk โ FOMO can be costly in volatile markets!
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