$BTC Technical Indicators Analysis and trade strategy:
🚨Price Action: • Current Price: $93,450 • 24H High/Low: $94,490 / $87,911.1 • Recent bullish price movement suggests upward momentum but nearing short-term resistance.
🚨Moving Averages: • MA 9: $92,746.68 (short-term trend support) • EMA: $92,587.44 • MA Multiple: $92,169.79 • Price is trading above all major MAs indicating bullish trend.
🚨Bollinger Bands: • Upper Band: $94,559.01 • Median: $91,290.89 • Price is close to the upper Bollinger Band, indicating overbought conditions and potential for short-term pullback or consolidation.
RSI (14): 73.22 • RSI is above 70, suggesting overbought conditions. • Possible short-term correction or pause in momentum.
🚨MACD: • Histogram: 60.09 (positive) • Signal: 1,240.31 • MACD line is above the signal line — bullish crossover.
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Bearish
$BABY just take short positions, its going to decline below 0.10 soon as the funding rate drops.. let’s go ,, set 4 tp in the range of tp1: 0.1210 to 0.1260 tp2: 0.1110 to 0.1160 tp3: 0.1040 to 0.1080 tp4: 0.0960 to 0.0850
$BABY just take short positions, its going to decline below 0.10 soon as the funding rate drops.. let’s go ,, set 4 tp in the range of tp1: 0.1210 to 0.1260 tp2: 0.1110 to 0.1160 tp3: 0.1040 to 0.1080 tp4: 0.0960 to 0.0850
#CPI_DATA #TariffsPause $BTC The U.S. Consumer Price Index (CPI) data can have a significant impact on Bitcoin (BTC) prices, mainly because it serves as a key indicator of inflation and influences monetary policy decisions by the Federal Reserve. Here’s how it typically plays out:
1. Higher-than-expected CPI (Hot inflation): • Suggests inflation is rising faster than anticipated. • The Fed may respond with interest rate hikes or continue a hawkish stance. • Impact on BTC: Often bearish, as higher rates strengthen the dollar and reduce risk appetite. Investors may move away from riskier assets like BTC.
2. Lower-than-expected CPI (Cool inflation): • Indicates inflation may be under control. • The Fed might slow rate hikes or consider cuts. • Impact on BTC: Often bullish, as lower rates weaken the dollar and push investors toward alternative assets like BTC.
3. Volatility Spike:
Regardless of the direction, CPI releases (especially when they deviate from expectations) often cause short-term volatility in BTC markets, as traders rapidly price in potential Fed reactions.
4. Macro Sentiment Shifts:
BTC is increasingly being viewed as a macro asset. When CPI data shifts the market’s view on recession risks or economic health, BTC tends to react in tandem with equities, especially tech stocks.