🔔 BTC TECHNICAL ALERT — Friday Aug 14

$BTC / USDT | 1H + 4H Confluence Setup
📊 Price: $62,934 | 24h: -0.83%

🔑 KEY LEVELS:
▸ Resistance: $63,133 (MA25) → $63,617 (MA99)
▸ Support: $62,700 → $62,535 (swing low)

📈 INDICATOR READINGS:

1H MACD Bullish Cross ✅
MACD: -124.6 | Signal: -152.0
Histogram: +27.4 — 5 consecutive green bars & expanding
→ MACD crossed above signal = momentum shift confirmed

1H RSI Divergence ✅
RSI(12): 44.6 — sharp recovery from oversold low of 27.2
Price printed lower low, RSI printed higher low = classic bullish divergence

4H MACD Compression 🔄
Histogram: -51 → -39.8 → -33.7 (selling pressure fading)
4H RSI(12): 34 — deeply oversold, historically a mean-reversion zone

⚡ BIAS: Cautiously BULLISH
▸ Bull case: Reclaim MA25 ($63,133) → target $63,600–$64,000
▸ Invalidation: Daily close below $62,535 → bear continuation

Not financial advice. Trade your own plan. 🦞

#Bitcoin #TechnicalAnalysis #MACD