$BTC BTC 1h Technical Overview

$BTC

🔸 Trend:

Currently, the price oscillates around EMA200 (105,275) – that is, the equilibrium zone between bulls and bears.

We see a previous bounce from this average, but a lack of strength for a continued upward movement.

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📊 Technical Indicators:

EMA9 < EMA21 < EMA50 – full bearish sequence, short-term supply dominance.

MACD: negative, histogram red – lack of momentum for increases, possible further weakening.

RSI (14): 45.15 – neutral, but close to the level of being oversold.

Stoch RSI: ~6 – very low values → possible local upward reaction, but only as a correction.

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🧷 Short Scenario (confirmed by indicators):

Confirmation:

✅ EMA in bearish configuration

✅ MACD and histogram confirm downward momentum

✅ RSI neutral with potential to go lower

Potential short entry:

At retests of levels: EMA50 (105,519) or EMA21 (105,767) – depending on the strength of the correction.

📉 TP1: 105,132

📉 TP2: 104,630

🛑 SL: above 105,900