🚀 BTC/USDT Analysis & Forecast – Golden Lion Trading 🚀

🔹 Current Price: $88,776 (+9.16%)

🔹 24H High: $94,882.94

🔹 RSI: 86.55 (Overbought)

Fundamental Analysis:

Bitcoin continues to experience significant bullish momentum, driven by increased institutional interest. Recently, BlackRock’s additional BTC acquisition reflects the confidence big players have in BTC as a long-term asset. MicroStrategy's potential increase in BTC holdings further strengthens market sentiment. High demand and low supply are setting BTC up for a strong trajectory.

Technical Analysis:

On the weekly chart, BTC has witnessed a solid breakout above key resistance levels, suggesting strong buying pressure. Volume is high, and moving averages indicate a continuation of this upward trend. With the RSI level at 86.55, BTC is entering an overbought zone, which could imply a correction soon, though strong support exists at $80,432.

Candlestick Analysis:

The recent green candle with a long body shows aggressive buying, pushing BTC to new weekly highs. Buyers have clearly dominated, showing little sign of selling pressure at these levels. If momentum sustains, we may test $95,000, while a retracement could revisit $85,000 before the next bullish move.

RSI Analysis:

The RSI level in the overbought zone suggests that BTC might face short-term resistance, but with strong fundamentals backing the move, any dip could serve as a buying opportunity for long-term holders.

Signal:

🚨 LONG BTC/USDT

📈 Entry: $88,700

🎯 Targets: $90,500 | $93,000 | $95,000

🔻 Stop Loss: $86,000

⚠️ Note: BTC’s market is highly volatile. Use proper risk management strategies and follow our exact leverage, margin, and stop-loss guidelines for best results.

#Bitcoin #BTC #Crypto #GoldenLionTrading #Signal #CryptoAnalysis