Bitcoin at a Crossroads: Is the Big Move Coming?
Currently, BTC is trading at $90,739 after reaching an intraday high of $91,439, showing an increase of +3.09%.
Bollinger Bands: Price is hitting the upper band (UP: $89,698), indicating high volatility. Traditionally, a close above the upper band suggests continuation of the bullish trend, but also signals a risk of technical pullback.
RSI (Relative Strength Index): RSI at 63.79, approaching overbought territory, but still with room for further upward movement. Positive strength trend.
MACD: Clear bullish crossover, with a growing positive histogram, reinforcing the bullish narrative.
Volume: Rising volume confirms that the move is backed by real momentum, not just a random spike.
Probable Trends for the Next 24 Hours:
Bullish 65% Breaking and consolidating above $91,500 could open the door to testing $92,800 - $93,200.Sideways
Sideways 25% Ranging between $89,500 - $91,500 while the market digests the recent surge. Consolidation before the next move.
Bearish 10% Failure to hold $89,500 could trigger profit-taking down to $88,000 - $86,800.
The structure remains mostly bullish, but we are approaching a psychological resistance zone.
Discipline, risk management, and avoiding FOMO are key to staying on the winning side.
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