$BTC Getting ready for 90k❓❓❓❓
Bitcoin is trading at US$86,616, extending its gains well above the key Exponential Moving Averages (EMAs) and maintaining a short-term bullish bias. The price is holding firmly above the 50-day, 100-day, and 200-day EMAs, while the SuperTrend line at US$79,558 sits comfortably below the spot price, reinforcing the underlying demand zone rather than signaling immediate downward pressure.
📈The Relative Strength Index (RSI) at 65 remains in bullish territory but has not yet reached extreme overbought conditions, and the Moving Average Convergence Divergence (MACD) histogram remains negative but shallow, suggesting that corrective momentum is weakening rather than signaling a decisive bearish shift.
⛔On the downside, initial support is around the SuperTrend level at US$79,558, which is close to the 50-day EMA at US$79,431. Together, they form an important technical floor that would need to break to call the current uptrend into question.
➡️Below this cluster, the 100-day EMA at US$75,565 and the 200-day EMA at US$75,050 provide deeper, medium-term support, where buyers are likely to defend the broader bullish structure if a larger pullback occurs.#BinanceLaunchesBinanceIntelligence #StrategyMarketCapSurpassesRumble
$AMZNB $DOGS
Bitcoin is trading at US$86,616, extending its gains well above the key Exponential Moving Averages (EMAs) and maintaining a short-term bullish bias. The price is holding firmly above the 50-day, 100-day, and 200-day EMAs, while the SuperTrend line at US$79,558 sits comfortably below the spot price, reinforcing the underlying demand zone rather than signaling immediate downward pressure.
📈The Relative Strength Index (RSI) at 65 remains in bullish territory but has not yet reached extreme overbought conditions, and the Moving Average Convergence Divergence (MACD) histogram remains negative but shallow, suggesting that corrective momentum is weakening rather than signaling a decisive bearish shift.
⛔On the downside, initial support is around the SuperTrend level at US$79,558, which is close to the 50-day EMA at US$79,431. Together, they form an important technical floor that would need to break to call the current uptrend into question.
➡️Below this cluster, the 100-day EMA at US$75,565 and the 200-day EMA at US$75,050 provide deeper, medium-term support, where buyers are likely to defend the broader bullish structure if a larger pullback occurs.#BinanceLaunchesBinanceIntelligence #StrategyMarketCapSurpassesRumble
$AMZNB $DOGS
