Bitcoin gained strongly in recent trading after moving above the EMA50 and breaking its short-term downtrend. This supports the current bullish move and opens the way for higher targets.
But the RSI is now overbought, which may slow the upside unless Bitcoin breaks its nearby key resistance. More buying pressure is needed for the uptrend to continue and avoid any pullback. $BTC #BinanceBlockchainWeek
Bitcoin continued its strong rally today, trading at 92k, breaking above the EMA50 and pushing into the main bearish trendline. RSI shows positive signals even though it’s overbought, supporting further upside momentum.$BTC #BTCRebound90kNext?