#BTCUSDTAnalysis
📊 BTC in the 1H timeframe! Is a strong move ahead? 🔍🔥
🔍 Key points:
Current price: $103,376.6, showing a -0.25% variation, signaling consolidation.
VWAP: $102,848.35, with BTC slightly above, indicating an equilibrium zone.
MACD:
MACD line: 190.21
Signal line: 48.29
Histogram: -141.93 → Negative histogram suggests a short-term loss of momentum.
CRSI: 23.58, signaling possible entry into an oversold zone but no confirmed recovery yet.
Stoch RSI: %K 92.68 and %D 97.23, showing BTC is in an overbought zone, which could indicate strong resistance ahead.
SMA 9 volume: 7.492K, reflecting moderate activity, without an aggressive increase in buying or selling.
📈 Possible scenarios:
If BTC holds above $103,300, it could attempt a push toward $104,500 - $105,500, but overbought conditions may cause resistance.
If BTC loses the $102,800 (VWAP) support, we could see a drop toward $102,300 - $102,000, where sell-side absorption will be critical.
Volume is not showing aggressive entry signals, indicating a consolidation phase before a strong move.
🔥 Conclusion:
Bitcoin remains in a 1H consolidation phase, with mixed signals from indicators. The key focus should be on volume absorption and market reaction to confirm any strong move ahead. 🚀💰