$BTC
Bitcoin (BTC/USDT) continues its historic upward journey! 📈
A quick look at the BTC/USDT chart shows extraordinary strength in performance! After launching from a low level at the end of 2022, Bitcoin has not stopped reaching new milestones, recording historic peaks exceeding 110,000 US dollars! 🔥
What does the chart say now?
* Bullish momentum is very strong: the moving average (MA) firmly supports the upward trend, and the MACD indicator confirms this momentum strength.
* High trading volume: The increase is supported by large trading volume, which is a sign of strong interest from traders and investors.
* But... are we in the "overbought" zone? 🧐 The RSI and Stochastic indicators show that BTC is in the overbought zone. This could mean a possibility for a short-term price correction or consolidation before continuing the rise.
Are you ready for this journey?
Whether you are a trader or a long-term investor, it is always important to monitor the market closely. Don't miss the opportunity to follow one of the most exciting assets in the crypto world!
What do you think? Do you expect Bitcoin to continue rising or is a correction close? Share your thoughts in the comments! 👇