$BTC BTC/USDT Analysis (1H) - 03/05/2025:

Price and Movement

Current price: $87,950.02 (+1.71%)

Recent bounce from $81,500, showing solid support. Could target $90,000 if it breaks the resistance at $89,675.52.

24h High: $89,675.52 | 24h Low: $81,500.00

Technical Indicators

MA (7, 25, 99): Price above MA(7) and MA(25), but close to MA(99) ($87,122.10). Potential bullish crossover.

RSI (6): 71.35 - In overbought zone, caution with reversal.

MACD: DIF (-72.23) over DEA (-811.07), MACD at 738.85. Recent bullish crossover, positive momentum.

Volume: 2.07M BTC / 4.84B USDT - Increase in the last candles, confirms buying interest.

Signals

Buy: If it breaks $89,675.52 with high volume, target $95,000.

Sell/Caution: If it falls below $85,000, support at $81,500. Get ready to short.

Stop Loss: Below $80,000 for long positions.

Summary

Bullish momentum, but high RSI suggests caution. Take advantage of the bounce, but watch for overbought conditions!

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