BTC MAY REACH 99K

✅ Overall trend:

The short-term trend remains bullish, indicated by the upward sloping green trendline and the candles continuously making higher highs and higher lows.

However, there have been signals warning of a short-term reversal:

A red downward arrow (possibly from the MACDSE script) has appeared on the most recent candle, indicating a sell signal.

The price is approaching a strong resistance area around 97,000 – 98,000 USD.

📉 MACD:

MACD (green line) is above Signal (orange) and above 0 → still a bullish signal.

However, the distance between the two lines is narrowing → a bearish crossover may occur soon.

📉 RSI:

The current RSI is 56.72, has fallen out of the overbought zone, and is moving sideways → a sign of weakening upward momentum.

📉 Volume Oscillator:

The volume indicator is at -19.83%, meaning trading volume is below average → a sign that the market is hesitant or taking profits.