Bitcoin at a Crossroads!
The current price 84,534$ is moving within a narrow range after touching a peak of 86,100$ and strong support at $83,480.
Technical indicators like EMA(7) at 82,830$ and EMA(99) at 87,812$ show a divergence reflecting a state of anticipation.
A low RSI (4.62%) indicates potential overselling, which may pave the way for a bullish rebound.
If it maintains above $83,000, we might see an attempt to reach $88,700, while a breakdown could push the price towards $81,200.
Golden advice: Do not invest your entire capital, and closely monitor support and resistance levels.
Bitcoin does not forgive the hasty, but it rewards the patient and disciplined $BTC
