$BTC ALERT!!! 🚨
🔍 Technical Signal $BTC Time Frame 1H
📉 Price & Moving Averages (EMA)
Current price: $103,511
EMA(13): $102,880 → price above EMA13 (positive)
EMA(50): $103,688 → price below EMA50 (slight bearish)
EMA(100): $103,301 → price slightly above EMA100
EMA(200): $105,022 → price still far below EMA200 (medium-term structure still weak)
📌 EMA Conclusion: Price is trying to rise, but has not been able to reclaim EMA200. Still vulnerable to correction if it cannot break through EMA50 and 200.
💹 RSI (Relative Strength Index)
RSI(6): 75.08 → Overbought!
This is a signal that the price has risen too high in a short time and may correct or go sideways.
📊 MACD
Positive MACD Histogram: Short-term bullish momentum starting to appear.
DIF: -248.17
DEA: -505.82
➡️ DIF has risen close to DEA → potential golden cross in the near future.
📌 MACD Conclusion: Bullish momentum is starting to form, but not strong enough for a large breakout without additional volume.
🔥 Volume
Volume surged dramatically when the price hit $100,305 → many purchases at that level.
Currently, volume is starting to decline → the price is likely to stagnate for a while.
📈 Support & Resistance
Strong support: $100,305 (bottom 24 hours)
Important resistance: $104,850 (EMA200 + previous breakdown level)
Pressure zone: $103,688–$104,850 (EMA50 to EMA200)
🧭 Conclusion and Projection
Currently, BTC is in a pullback phase after touching support at $100,305.
However, the RSI is overbought and the price has not been able to break through EMA200, so the potential for short-term correction or sideways movement is quite large.
📌 Potential Scenarios
Continued bullish:
Break & close above $104,850 → next upward target $107,400 and $109,900
Bearish correction:
If it fails to break through EMA50 & RSI declines → possibility of dropping back to $102,000 and $100,300
💡 Potential Strategy
Scalper: Take short profits around $104k–$105k, as that area is a resistance zone.
Swing trader: Wait for a breakout at $105k to confirm upward direction, or a breakdown at $102k for a short position.