$BTC
The BTC market shows strong bullish activity 🐂 after breaking a key resistance on April 12. On April 13, they managed to maintain that level, indicating confidence in the upward trend 📈.
Regarding the indicators:
The 20-day moving average ($83,035) has stopped declining 📉.
The RSI is approaching equilibrium ⚖️, suggesting a decrease in selling pressure.
If the bullish trend continues, the first target would be to reach $89,000 💰 where there is significant resistance that the bulls must handle with caution.
However, if the price faces resistance at $89,000 and falls below the moving average, we could see a consolidation range between $89K and $73,777 🔄. If the bears 🐻 intervene and the price drops below the moving average, it could descend to $78,444 or even touch the important support at $73,700.
For strategies:
Aggressive investors may enter near the moving average with the goal of reaching $89,000 🚀.
The more cautious among us should wait for confirmation before participating 👀.
In summary, it is essential to monitor support and resistance levels around $89K; the next big trend could be brewing. Let's stay alert
