1. Current Price Action Last Price: $94,860 24H High / Low: $95,769 / $92,700 The price is approaching a minor resistance zone around $94,900–$95,000.
2. Moving Averages (MA) MA(7) > MA(25) > MA(99) – indicating short-term bullish momentum. The price is currently trading above all key moving averages, which is a positive signal.
3. MACD Indicator MACD Line (DIF: 38.1) is above the Signal Line (DEA: 31.8), with a small positive histogram. This shows early signs of bullish momentum, though it's still moderate.
4. RSI Levels RSI(6): 55.3, RSI(12): 52.8, RSI(24): 52.3 All RSI values are in the neutral to slightly bullish range (40–60). There’s no sign of overbought or oversold conditions at the moment.
5. Volume Trading volume is steady (258.2), but not showing a breakout-level spike yet.
Market Outlook for Today (Intraday) Sentiment: Neutral to Bullish
Immediate Resistance: $95,000 – $95,426 Key Support Levels: $94,000 and $93,000 If BTC breaks above the $95,000 resistance with volume confirmation, it could target $96,000 next.
However, watch for potential pullbacks if price gets rejected near resistance.
Market Insight BTC is currently in a minor correction phase. Price is under short-term moving averages (MA7, MA25, MA99), indicating continued bearish pressure.
Strong support seen at $93,367; failure to hold may lead to deeper correction.
Market Insight BTC is currently in a minor correction phase. Price is under short-term moving averages (MA7, MA25, MA99), indicating continued bearish pressure.
Strong support seen at $93,367; failure to hold may lead to deeper correction.