ANALYSIS of today's BTC

1. Support and Resistance Levels

Resistance Price: $88,941.2

Support Price: $83,786.3

Interpretation

Resistance: The resistance level at $88,941.2 is a crucial point where the price of Bitcoin may encounter difficulties in breaking through. If BTC reaches this level and fails to break it, there may be a correction or a trend reversal.

Support: The support level at $83,786.3 is where the price may find support in case of a drop. If BTC falls to this level, it is likely that there will be a recovery, unless market sentiment changes drastically.

2. CONCLUSION

The support and resistance levels are fundamental for the technical analysis of BTC. Monitoring these levels can help investors make informed decisions about entering and exiting positions.

Bitcoin (BTC) is showing a strong upward movement, with a significant increase in price and positive capital flow. Technical indicators such as KDJ and MACD suggest that the upward trend may continue, although the RSI indicates that the asset is overbought, which could lead to a short-term correction.

4. RECOMMENDATIONS

INVESTORS: Monitor the price and

consider the possibility of a correction given the high RSI level.

STRATEGY: Evaluate entering long positions, but with caution due to overbought conditions.