$BTC
SHORT TERM MARKET $BTC OUTLOOK:
1. Current Price Action
Last Price: $94,860
24H High / Low: $95,769 / $92,700
The price is approaching a minor resistance zone around $94,900–$95,000.
2. Moving Averages (MA)
MA(7) > MA(25) > MA(99) – indicating short-term bullish momentum.
The price is currently trading above all key moving averages, which is a positive signal.
3. MACD Indicator
MACD Line (DIF: 38.1) is above the Signal Line (DEA: 31.8), with a small positive histogram.
This shows early signs of bullish momentum, though it's still moderate.
4. RSI Levels
RSI(6): 55.3, RSI(12): 52.8, RSI(24): 52.3
All RSI values are in the neutral to slightly bullish range (40–60).
There’s no sign of overbought or oversold conditions at the moment.
5. Volume
Trading volume is steady (258.2), but not showing a breakout-level spike yet.
Market Outlook for Today (Intraday)
Sentiment: Neutral to Bullish
Immediate Resistance: $95,000 – $95,426
Key Support Levels: $94,000 and $93,000
If BTC breaks above the $95,000 resistance with volume confirmation, it could target $96,000 next.
However, watch for potential pullbacks if price gets rejected near resistance.
