For the technical analysis of **Bitcoin (BTC)** price, we will use several key tools such as **levels, moving averages, technical indicators, and candlestick patterns**. Here’s an overview of the current situation based on recent data---
### 1. **General Trend (Trend)**
- **Long-term trend**: Still bullish since the significant rise in 2023, but with a sharp correction in 2024 after reaching a historical peak near **~$73,000**.
- **Short-term trend**: May be in a **correction or oscillation** phase after breaking key support levels.
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### 2. **Key Levels**
- **Resistance**:
- $65,000 (strong psychological and price resistance).
- $73,000 (historical peak).
- **Support**:
- $56,000 - $58,000 (currently major support).
- $50,000 (strong support if a sharp decline occurs).
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### 3. **Moving Averages**
- **50-day MA**: If the price is above it, it is considered a bullish signal. Currently, a breakout below it may be a bearish signal.
- **200-day MA**: Considered the "long-term defense line." If the price falls below it, it may indicate a bear market.
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### 4. **Technical Indicators**
- **RSI (Relative Strength Index)**:
- If RSI is above 70: Overbought (excessively bought).
- If RSI is below 30: Oversold (excessively sold).
- Currently: RSI around **50-60** (neutral with a downward bias).
- **MACD (Moving Average Convergence Divergence)**:
- If the fast line (MACD) crosses above the slow line (Signal): Buy signal.
