$BTC [TECHNICAL ANALYSIS – BTC/USDC]

Timeframe: 1D

Trend: Strong bullish momentum

Sentiment: Optimistic

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Key Data:

• Current Price: 108,592.02 USDC

• 24h High / Low: 108,942.59 / 104,508.00

• EMA(7): 108,592.02

• EMA(25): 107,850.00

• EMA(99): 105,320.00

• MA(5): 4,314.78 BTC

• MA(10): 4,210.50 BTC

• RSI(6/12/24): 63.12 / 59.87 / 57.32

• Volume (24h): ~4,314.78 BTC / ~460.14M USDC

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Key Highlights:

• Entry Point: Potential entry near 106,500–107,500, where short-term support aligns with EMA(25).

• Profit Target: First target near 110,000, and if broken, the next one near 112,500.

• Risk: Suggested stop-loss below 104,500, to limit downside exposure.

• RSI Momentum: RSI values indicate strong bullish momentum, with RSI(6) approaching overbought territory.

• Volume Activity: High trading volume supports the continuation of the upward trend.

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Conclusion:

BTC/USDC is showing strong bullish momentum, with price holding above key moving averages. A breakout above 110,000 could confirm further upside, targeting 112,500.

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#BTC