🔥 Bitcoin ($BTC) in the spotlight: Where is the price headed? 🔥
The Perpetual Futures charts on Binance show a mixed scenario. On the daily timeframe, BTC maintains an uptrend with support at 91,619 USDT and resistance at 93,970 USDT. High volume supports the momentum, but on shorter timeframes (4H and 1H), we see corrections and consolidation.
🔍 Important keys:
✅ Critical supports: 91,619 (recent low) and 85,969 (EMA200)
🚀 Resistances: 93,970 and 94,904.3. A breakout here could push to 96,000
⚠️ MACD shows mixed signals: positive on daily, negative on 4H. Watch for possible reversals!
📈 What can we expect?
If #BTC maintains support at 91,600, the next target would be to surpass 94,900. Otherwise, we could see a correction towards 89,000. Stay alert and manage risks appropriately.
⚠️ WARNING:
This is personal and subjective analysis, not advice, and under no circumstances should it be taken as a signal to trade. Remember that the cryptocurrency market is very volatile and unpredictable, so trade with caution and at your own risk.
Do your own research!
#Bitcoin
