#BTCUSDT #BTCUSDTAnalysis
Bitcoin in battleground zone! Will we see the bullish counterattack? ⚔️🔥
The analysis of the 1H chart shows that BTCUSDT maintains its position at $104,162.90, but the indicators reveal that the market is in a critical phase.
📊 Key indicators:
MACD: -27.66, with positive histogram at 42.44 → Mixed signals indicating that Bitcoin is in a decision phase.
RSI at 29.04: In oversold zone, suggesting that BTC may be accumulating strength for a recovery.
Stoch RSI at 43.19 and 34.13: Market still has some room to move, but without a clear signal of immediate reversal.
🔍 Possible scenarios:
If buyers enter the game, BTC could attempt to reclaim $105K, where resistance is strong. However, if it fails to stay above $104K, we might see a new test of support lower down.
🔥 Conclusion:
The Bitcoin market in 1H is in a key decision zone, where traders must be alert to signals of bullish momentum. Will this be the calm before a bull attack? The next move could be explosive! 🚀💥
NOTE: THIS IS NOT INVESTMENT ADVICE, DO YOUR OWN ANALYSIS
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