Current Price $BTC : $88,384.00
24h High: $88,542.00
24h Low: $86,639.00
24h Change: +$863.00 (+0.99%)
Technical Overview:
50-Day Moving Average (50MA): $99,776.36
200-Day Moving Average (200MA): $83,885.00
Relative Strength Index (RSI): 67.40 (Neutral)
Price vs. 50MA: Price is above the 50MA, indicating a bullish trend.
Trading Strategy:
Bullish Scenario: If BTC stabilizes above $84,000 and breaks through $85,500, a move towards $90,000 is possible.
Bearish Scenario: A drop below $83,500 could lead to a deeper correction towards $81,000.