From the graph displayed in the Binance app and technical factors, there are several interesting points:

Short-term trend of BTC/USDT

Moving Average (MA)

MA(7) = 83,228.58 (short-term moving average)

MA(25) = 84,259.52 (medium-term moving average)

MA(99) = 93,049.09 (long-term moving average)

The current price (84,123.79) is close to MA(25), which means that the important resistance may be at 84,259.52, and if it can break through, there may be a chance to continue rising near MA(99).

Support and Resistance

Key support: 81,659.00 (lowest point in 24 hours)

Important resistance: 84,720.00 (highest point in 24 hours)

If the price can hold above 84,720, an uptrend may occur.

Technical indicators

RSI (6) = 50.79 -> Neutral value, indicating that the market is neither overbought nor oversold.

MACD -> There is a crossover between the DIF and DEA lines, which may indicate an uptrend or a resurgence in buying power.

Volume -> The trading volume remains high, indicating investor interest.

Economic factors that may affect BTC price this month

Inflation numbers and Fed decisions

If the US Federal Reserve (Fed) is likely to slow down interest rate hikes, it may have a positive effect on BTC as investors return to risk assets.

Stock market and global economy

If the stock market improves and the economy starts to recover, it may provide support for BTC to rise.

Key events in the crypto industry

For example, additional Bitcoin ETF approvals or the upcoming halving event may lead to increased buying pressure.

Summary of trends

If BTC can break through the resistance at 84,720, there is a chance to test the levels of 88,000 - 90,000.

If it breaks below 81,659, it may test the support at 80,000.