$BTC :📈 #BTCUSDT Market Analysis Update
Bitcoin just broke out with strong bullish momentum across all timeframes! 🚀
🟢 1D Chart:
BTC is trading well above all key EMAs (7, 25, 50, 99, 200) — a strong bullish confirmation.
MACD and RSI are both in bullish zones, though RSI is overbought at 84.
🔎 Caution: A minor retracement might happen due to overbought conditions, but the uptrend remains intact.
🟡 15m Chart:
Parabolic move spotted from 107,112 to 107,919 with high volume.
RSI hit 96.2 and Stochastic RSI is maxed out (100) — signal for a potential short-term pullback or sideways move before continuation.
🔵 5m Chart:
Short-term consolidation around the recent high (107,870).
Price rejected slightly from Bollinger Upper Band (107,945).
MACD is flattening — keep an eye for either a breakout or a pullback to EMA lines.
📌 Key Levels:
Resistance: 108,000 – 108,500
Support: 107,300 – 107,500 and 106,800
✅ Strategy:
Already in profit? Consider taking partial profits (TP in stages).
Looking to enter? Wait for a retest to EMA support zones with bullish confirmation.
Avoid FOMO buying when RSI is overheated.
Stay sharp and manage your risk!