Today, *Bitcoin ($BTC)* is experiencing an upward trend, having reached a level of *$88,229* after strong price movements⁽¹⁾. Technical indicators suggest positive momentum, as the price is trading above the short and medium-term moving averages, reinforcing the short-term positive outlook⁽¹⁾. However, there are warning signs of a potential correction soon, especially with the *Stochastic RSI* indicator reaching the overbought area at *90.56*, which could lead to a temporary corrective move⁽¹⁾.

If you are considering investing or trading, it is best to closely monitor the market and make informed decisions based on technical analysis and current trends! 🚀