$BTC 🔍 BTC/USDT Analysis (15-Minute Interval) $BTC
1. Current Price: 103,653.75 USDT
2. Near-Term General Trend:
There was a strong drop from the peak of 106,524.65 to the bottom of 102,345.00, then a bullish rebound began.
The price is now in a corrective phase upwards.
3. RSI (6):
68.43 — close to the overbought zone (70), indicating a potential weakening of the near-term rise or the beginning of slight selling pressure.
4. MACD:
The lower lines are still negative, but there has been a recent bullish crossover, with the start of green bars — giving a positive signal in the short term.
5. Stochastic Indicator K/D/J:
K: 76.26 / D: 70.22 / J: 88.34 — also in overbought areas, a short correction is likely.
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📉 Selling Scenario (Short Sell):
The price may face resistance at 104,000–104,800.
RSI and Stochastic near overbought — there may be a short selling opportunity approaching.
If a strong bearish reversal candle appears on the interval (bearish engulfing/inside bar), it could be an excellent selling opportunity.
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📈 Buying Scenario (Buy):
If 104,800 is breached with a strong 15-minute candle close, buying can be considered with a target towards 106,000.
Or if a return and bullish rebound occurs from 102,500–102,800.