🔍 BTC Analysis – RSI Near 45, Range-Bound Setup 🔍
📊 Bitcoin is trading at $116,269.55, down 0.92% in the last 24 hours. As the flagship cryptocurrency, BTC is currently consolidating within a tight range, showing indecision among traders.
📈 Technical Analysis
- Short-term trend: Sideways
- Support: $114,640
- Resistance: $117,464
- Pattern: No breakout; range-bound with lower highs
- Volume: Stable but not rising
- RSI: 45.01 – neutral zone
- MA(5): 1,722.19 | MA(10): 2,085.65
- Outlook: Neutral with potential for breakout or breakdown
📰 Market Data & News
- Price: $116,269.55
- 24h Change: -0.92%
- No major news or listings affecting BTC directly
🔄 Scenario Breakdown
- Bullish Case: Break above $117,464 with volume spike and RSI above 55
- Bearish Case: Drop below $114,640 confirms downside toward $112,000
📊 Sentiment Meter
📊 Neutral – Range-bound, no clear direction
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
Will BTC break above $117K or revisit $114K support? Share your view below 👇
📉 Elite setups deserve elite execution—click the chart and trade like a pro. Precision. Discipline. Results. 🙏 Like, Follow & Share to elevate your trading game.
📢 Not financial advice. Use this analysis as a learning tool, not a trading signal. DYOR and manage your risk.
BTC #TheCryptoMalik
