๐Ÿ“Š BTC/USDT Analysis | Market Update

The price is currently moving around 63,100 USDT on the 15-minute timeframe.

๐Ÿ”น Overall trend: Bearish
๐Ÿ”น Short-term movement: Bullish rebound after reaching 62,466
๐Ÿ”น RSI: About 60 โ€” bullish momentum is present, but it has started to slow down
๐Ÿ”น MACD: Positive, indicating the rebound strength is continuing for now

๐Ÿ“Œ Important levels:
๐ŸŸข Support: 63,046 โ€“ 63,073
๐Ÿ”ด Resistance: 63,255 then 63,614
๐Ÿ”ด Stronger resistance: 64,083

โš ๏ธ If the price holds the support zone, the rebound may continue; however, breaking it with a clear close could indicate weakness in the upward move.

๐Ÿ“ˆ Summary: We monitor candle confirmation and donโ€™t rely on a single indicator to make decisions.

What do you think? Do you expect BTC to keep rising, or a return to the downtrend? ๐Ÿ‘‡

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