#Btc #Update Based on BTC/USDT chart and Coinglass heatmap:
Technical Analysis (15m Binance chart)
Price: $84,130.01
EMA(34): $84,258.84 — Price is slightly below EMA, indicating mild bearish pressure in the short term.
RSI(20): 47.56 — Slightly bearish to neutral.
Wm %R(200): -69.91 — Approaching oversold territory, may hint at a bounce.
MACD: DIF -94.90, MACD -55.86 — MACD is still bearish, though histogram is flattening, showing a potential loss of downward momentum.
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Liquidity Heatmap (Coinglass)
Key Support Zone: ~$83,200 – $83,600
Thick yellow band here shows high liquidation risk for longs, which may act as a liquidity magnet — potential wick down possible.
Resistance Zone: ~$85,000 – $86,000
Yellow concentration above suggests shorts could get liquidated, meaning if BTC pushes up, it could spike fast to this area.