📈LONG: $BTC (4H)
Current Price $94644.00
Market Cap $1871.74B
Change 1h +0.86% | 24h +1.92%
4-Hourly Indicators:
• RSI: 49 - Neutral 🟠
• MACD: -897 - Bearish 🔴
• EMA: 94828 - Trading Below 🔴
Analysis:
Bitcoin is showing momentum with an upward pennant pattern. The current trend suggests it might test the support around $91,500 before bouncing back. Be wary of short-term corrections as it moves toward the key psychological level of $100,000.
Price Targets:
If Bitcoin holds its course, the next target is $100,000. A successful breakout could potentially push it beyond to $102,000. However, keep a close watch on the $91,500 support level to confirm strength in the current move.