Current Price: $87,523 USDT
24h Change: +2.81%
24h High: $87,573
24h Low: $84,027
Volume: Approximately $13.83 billion
📊 Key Technical Indicators
Relative Strength Index (RSI): 78.5
Interpretation: Overbought territory; potential for a short-term pullback.
Support Levels:
$85,000
$82,991.93
Resistance Levels:
$85,249.36
$86,237.36
$86,886.23
📈 Chart Pattern
Trend: Slightly bullish with short-term tentative bearishness
💡 Buy/Sell Recommendation
Short-Term: Caution advised. RSI indicates overbought conditions; potential for a short-term correction.
Long-Term: Bullish. Price has reclaimed the $87,000 level in a significant technical breakout.
✅ Summary Verdict
Short-Term Outlook: Cautiously bullish; monitor for potential pullbacks due to overbought RSI.
#BTC
Long-Term Trend: Bullish; recent breakout above $87,000 confirms upward momentum.
Recommendation: Consider buying on dips near support levels; watch for confirmation of continued upward trend.