BTC – SHORT-TERM TREND 📈
Current price: ~$80,000 (per #CoinGecko ).
Technical analysis:
Above all 5 key EMAs (10, 20, 50, 100, 200) → strong bullish signal on the daily timeframe 23 indicator: 14 bullish / 6 bearish / 3 neutral → slightly bullish Fear & Greed: 67 (Greed)
Price zones:
🔻 Support: $77,000, deeper $74,000–76,000
🔺 Resistance: $80,000–82,000 → closing candles above $80K with good ETF inflow will open the way to $81K–83K
Risks:
RSI ~79, Stochastic ~86 → overbought, could take profit / move sideways. Most of last week’s upward momentum was driven by shorts being liquidated, forcing the move → at the end of the week, thin liquidity can easily cause sharp fluctuations
Summary: Slightly bullish, but currently overbought — the most reasonable scenario is to accumulate $77K–82K before choosing a direction. Holding $77K is key.
⚠️ Not investment advice – DYOR.
#Bitcoin #BTC #Crypto #BinanceSquare $BTC
Current price: ~$80,000 (per #CoinGecko ).
Technical analysis:
Above all 5 key EMAs (10, 20, 50, 100, 200) → strong bullish signal on the daily timeframe 23 indicator: 14 bullish / 6 bearish / 3 neutral → slightly bullish Fear & Greed: 67 (Greed)
Price zones:
🔻 Support: $77,000, deeper $74,000–76,000
🔺 Resistance: $80,000–82,000 → closing candles above $80K with good ETF inflow will open the way to $81K–83K
Risks:
RSI ~79, Stochastic ~86 → overbought, could take profit / move sideways. Most of last week’s upward momentum was driven by shorts being liquidated, forcing the move → at the end of the week, thin liquidity can easily cause sharp fluctuations
Summary: Slightly bullish, but currently overbought — the most reasonable scenario is to accumulate $77K–82K before choosing a direction. Holding $77K is key.
⚠️ Not investment advice – DYOR.
#Bitcoin #BTC #Crypto #BinanceSquare $BTC
