📊 Analysis of the 4-hour Bitcoin (BTC) chart and forecast 🚀
🔹 Current price: 88,334 USD ⏫ (+401 USD | +0.46%)
🔹 Intraday high: 91,093 USD 🔼
🔹 Intraday low: 84,971 USD 🔽
📈 Technical analysis:
✅ Moving averages:
🔹 Price is above the 200-period SMA on the 4H chart, confirming a bullish trend. 🐂📈
✅ Oscillators:
🔹 Neutral indicators suggest a balance between buyers and sellers ⚖️
✅ Support and resistance levels:
🔹 Nearest support: 85,000 USD
🔹 Key resistance: 91,500 USD
🔮 BTC Forecast:
🚀 The current trend remains bullish, and if the price can break the resistance at 91,500 USD, an increase to 95,000 USD and above is possible! 🔥
⚠️ However, it is worth considering a possible correction; if the price drops below 85,000 USD, a pullback to 80,000 USD is possible.
📌 Conclusion: As long as BTC remains above the 200-SMA, the priority remains on buying 📊 But don't forget about risk management! 🛑💰
🔥 Keep an eye on BTC's movement and be ready for volatility! 📉📈