$BTC 🔥 TECHNICAL ANALYSIS BTC/USDT – PRICE TREND PREDICTION FOR THE NEXT WEEK AND MONTH 🔥
Hello everyone! Below is my personal opinion on BTC/USDT based on multi-timeframe analysis. Read carefully to grasp the trend!
📊 1-Hour Frame (Short Term):
BTC just had a strong pump up to 85,166 USD (+2.19%) and has surpassed EMA(7), EMA(25), and EMA(99). This confirms that the short-term uptrend is dominant. However, RSI(6) touched 77.36 – the overbought zone. There might be a slight correction to balance buying and selling pressure. If the price maintains above 84,441 USD (EMA(7)), the bulls still control the situation.
📈 1-Day Frame (Medium Term):
In the daily frame, BTC is fluctuating around 85,197 USD (+2.23%), sitting between EMA(25) and EMA(99). If it breaks through EMA(99) at 89,433 USD, the market will continue its medium-term upward momentum. RSI(12) and RSI(24) are both neutral (49.92 & 47.00), not showing signs of overbought or oversold. Everything remains quite balanced; you need to pay attention to breakout signals to act in time.
📅 1-Week Frame (Long Term):
BTC is currently maintaining well above all major EMA lines, especially EMA(99) at 64,598 USD. This indicates that the long-term uptrend remains strong. RSI(6) and RSI(12) are at neutral levels (41.44 & 47.72), with stable trading volume. The next target, if support is maintained, is 90,000 - 95,000 USD.
🎯 Prediction:
• Short Term (next week): There may be a slight correction around 84,000 USD before continuing the upward trend.
• Medium Term (next month): If it holds above 85,000 USD, BTC could definitely test the 90,000 - 95,000 USD range.