$BTC

BTC market analysis and strategy (as of 11:42)

šŸ“Œ Price: $87,419 (+4.42%)

šŸ“Œ Last minimum: $81,200

šŸ“Œ Last maximum: $88,931

šŸ“Œ MA(7): $87,074

šŸ“Œ MA(25): $87,146

šŸ“Œ MACD: Negative (-8.6), momentum is decreasing

āø»

Analysis

• BTC has been consolidating between 87,500 - 88,000, indicating the consolidation phase is ongoing.

• MA(7) and MA(25) are converging, which could signal a trend change.

• MACD is decreasing, indicating weakness in short-term growth.

• If it drops below 87,000, there is a chance it might fall to the 85,500 - 86,000 level.

• If we break above 87,500, it could rise to the 88,500 - 89,000 level.

āø»

Strategy

1ļøāƒ£ Short (betting on a decrease) strategy:

āœ… Entry: $87,500 - $87,700

āœ… Stop-loss: $88,200

āœ… Target: $86,000 - $85,500

Why?

• BTC has stalled at 87,500, making it likely to drop from here.

• MACD is decreasing, which is a bearish signal.

• If it falls below 87,000, it could drop towards 85,500.

āø»

2ļøāƒ£ Long (betting on an increase) strategy:

āœ… Entry: $87,200 - $87,300

āœ… Stop-loss: $86,800

āœ… Target: $88,500 - $89,000

Why?

• 87,000 - 87,200 serves as a support level, and if it holds, it could move upward.

• If it breaks above 87,500, it may test the range of 88,500 - 89,000.

āø»

Conclusion

šŸ‘‰ If BTC drops below 87,500 – it's better to short.

šŸ‘‰ If 87,000 holds – going long is possible, but the risk is high.

šŸ‘‰ Currently, a short position appears to be somewhat safer, but caution is needed near 87,000.

šŸš€ Pay attention to stop-loss and risk management when trading!$BTC