$BTC Technical Analysis: Binance’s analysis today indicates a bearish short-term trend on the 1-day and 4-hour time frames, with the 50-day moving average sloping down and sitting above the current price, potentially acting as resistance. However, the 200-day moving average is still sloping up since January 30, 2025, suggesting the longer-term trend remains bullish. The Relative Strength Index (RSI) is in the neutral zone (30-70), indicating no immediate overbought or oversold conditions.
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