BITCOIN

Current price: $93,372 USD

Daily variation: −1.54%

Intraday range: $93,287 – $95,444 USD   

📊 Technical Indicators

• Daily RSI: 82 (overbought zone), indicating increasing selling pressure according to Glassnode data. 

• Daily MACD: Signs of bullish exhaustion; the histogram shows convergence, suggesting a possible trend reversal.

• EMAs:

• EMA50: $91,800 USD

• EMA200: $85,000 USD

The current quote is above both averages, reflecting a sustained upward trend. 

• Volume: Decrease in the last 48 hours, typical of consolidation phases.

🧭 Key Levels

• Immediate resistance: $95,500 USD

• Immediate support: $91,000 USD

• Critical support: $88,000 USD

📰 Relevant News

• Whale accumulation: Increase in accumulation by addresses holding over 1,000 BTC, according to IntoTheBlock, indicating institutional confidence. 

• Technical pattern: Formation of an ascending triangle, which could anticipate a bullish breakout.

• Geopolitical situation: The potential truce between Ukraine and Russia could have a positive impact on the cryptocurrency market. 

📈 Trends and Scenarios

• Bullish scenario: A breakout with volume above $95,500 USD could lead BTC towards $98,000–$100,000 USD.

• Bearish scenario: If the price falls below $91,000 USD, it could head towards $88,000 USD or even $85,000 USD.