#BTC #BNB $BTC $BNB

Detailed analysis and prediction for Bitcoin (BTC/USDT) based on the charts and data

, I will consider the key indicators visible, including moving averages, RSI, and the price action trends.

Technical Analysis Overview:

1. Price Action:

BTC is trading around $94,800, with a positive change of approximately 1.18%.

The recent low was $91,203.67, and the high was $95,293.40, showing significant volatility.

2. Moving Averages (MA):

Short-term (7, 25, and 99 periods): The shorter MAs (yellow and pink lines) are trending upwards, suggesting a bullish sentiment for the short term.

MA(99): Slightly above the current price, indicating resistance at higher levels near $96,600 - $97,000.

3. Relative Strength Index (RSI):

The RSI for 15 minutes is 47.83, indicating a neutral zone—neither overbought nor oversold.

The RSI for 1 hour is higher at 67.79, approaching overbought levels, signaling potential short-term resistance.

4. Volume:

Trading volume has increased, supporting the recent price rise. However, declining volume near resistance could lead to a pullback.

Prediction and Entry Points:

Bullish Case (Long):

If BTC breaks above $95,300, a strong bullish move towards $96,500 - $97,000 can be expected.

Ideal entry for long: On breakout above $95,300, with stop-loss near $94,500.

Target: $96,500, with extended target near $98,000.

Bearish Case (Short):

If BTC fails to break $95,300, a retracement toward support at $93,800 - $92,000 is likely.

Ideal entry for short: On rejection at $95,300, with stop-loss near $96,000.

Target: $93,800, with extended target near $92,000.

Strategy Suggestion:

Short-Term Traders: Monitor RSI levels and breakout at $95,300.

Swing Traders: Wait for confirmation of direction after $95,300 (breakout or rejection).