$BTC /USDT
1. Trend (1-h & 4-h): Price sits above both the 50-period EMA and 200-period EMA on the 1-hour chart, confirming a short-term uptrend.
2. Technical Indicators
RSI (14) ~ 67 on the 1-h chart → bullish momentum, not yet overbought.
MACD (12, 26, 9): MACD line is above the signal line → uptrend intact.
EMA (50 / 200): EMA50 above EMA200 → bullish alignment across multiple timeframes.
Fibonacci 23.6% retracement at 94,500 USDT → price approaching this level may see a mild pullback.
3. Key Support & Resistance Levels
Resistance 1: 94,500 USDT → 23.6% Fib level, psychological near 95 k.
Resistance 2: 100,000 USDT → round-number target for the medium term.
Support 1: 91,000 USDT → intraday low; a break below signals a short-term reversal.
Support 2: 88,800 USDT → 4-hour EMA200 zone; strong longer-term support.
4. Fundamental & Macro Factors
Institutional flows via ETFs and large funds continue to allocate capital to Bitcoin, potentially driving it toward $200 k in 2025.
IMF lowered US growth forecasts while inflation remains elevated, reinforcing Bitcoin’s appeal as a hedge.
A strategic fund bought 6.556 BTC at ~$84.8 k and is already up ~10% in two days.
5. Trading Scenarios
-Bullish Continuation
Entry: break & close above 94,500 USDT (23.6% Fib) with strong volume
Stop-Loss: 91,000 USDT
Targets: 100,000 → 105,000 USDT
-Support Retest
Entry: dip into 91,000–92,000 USDT (1-h EMA200 support)
Stop-Loss: 89,000 USDT
Targets: 94,500 → 100,000 USDT
-Profit-Taking
Trigger: RSI exceeds 80 (overbought) or price breaks below 91,000 USDT
Targets: 94,500 and 100,000 USDT
-Bearish Reversal
Trigger: breakdown below 91,000 USDT
Stop-Loss: 92,500 USDT
Targets: 88,800 → 85,000 USDT
Conclusion: Bitcoin remains bullish above 91,000 USDT. A decisive breakout above 94,500 USDT would open the path to 100,000–105,000 USDT. Conversely, a break below 91,000 USDT risks a deeper pullback toward ~88,800 USDT.