šØ Bitcoin is approaching the moment of decision⦠and the next candle may reveal the direction!
BTC at 84,354$ on the 4-hour timeframe, and so far it maintains a positive technical structure after rebounding from 80,126$ and reaching 87,395$.
š Technical picture:
⢠Price is above MA7, MA25, and MA99.
⢠MA7 is higher than MA25, supporting the continuation of the positive momentum.
⢠MACD has turned strongly bullish: +87.96.
⢠RSI at 66.31 reflects clear buying strength.
⢠However, StochRSI is at 89.48, so oscillation or profit-taking remains possible.
šÆ Decision zone:
84,744$ ā 85,727$
A break above 85,727$ with a 4H close above it may push BTC to retest:
ā”ļø 87,395$ ā the previous peak
As for rejecting resistance and breaking 83,683$ , it may send the price back to:
ā”ļø 82,308$ ā MA99
ā ļø Summary:
Bitcoin is getting close to testing a key resistance level. Strength is present, but real confirmation isnāt just a quick breakout⦠it requires a clear 4H close above 85,727$.
Watch this area carefully; it could determine the next move. š
#BTC #Bitcoin #Crypto #Binance
.
BTC at 84,354$ on the 4-hour timeframe, and so far it maintains a positive technical structure after rebounding from 80,126$ and reaching 87,395$.
š Technical picture:
⢠Price is above MA7, MA25, and MA99.
⢠MA7 is higher than MA25, supporting the continuation of the positive momentum.
⢠MACD has turned strongly bullish: +87.96.
⢠RSI at 66.31 reflects clear buying strength.
⢠However, StochRSI is at 89.48, so oscillation or profit-taking remains possible.
šÆ Decision zone:
84,744$ ā 85,727$
A break above 85,727$ with a 4H close above it may push BTC to retest:
ā”ļø 87,395$ ā the previous peak
As for rejecting resistance and breaking 83,683$ , it may send the price back to:
ā”ļø 82,308$ ā MA99
ā ļø Summary:
Bitcoin is getting close to testing a key resistance level. Strength is present, but real confirmation isnāt just a quick breakout⦠it requires a clear 4H close above 85,727$.
Watch this area carefully; it could determine the next move. š
#BTC #Bitcoin #Crypto #Binance
.
