BTC/USDT: Volatility & Opportunities Ahead
Bitcoin continues to showcase its volatility, recently hitting a low of $78,258 before bouncing back above $89,000. The Parabolic SAR suggests a potential trend shift, while the RSI at 48.62 indicates a neutral momentum, awaiting confirmation of direction. The MACD is slightly recovering from bearish territory, hinting at possible buying pressure.
With a 24-hour high of $91,606 and a low of $84,667, traders should watch for breakouts above resistance or dips to strong support levels. Volume remains strong, showing active market participation. Are we heading toward a new all-time high, or will we see another correction? Stay sharp and manage risks accordingly!