๐LONG: $BTC (1W)
Current Price $97427.00
Market Cap $1925.09B
Change 1h -0.02% | 24h +2.32%
Weekly Indicators:
โข RSI: 76 - Overbought ๐ข
โข MACD: 7988 - Bullish ๐ข
โข EMA: 68678 - Trading Above ๐ข
Analysis:
Bitcoin's recent dip from a high of $99,588 to $98,000 suggests a robust recovery and potential continuation of the bullish trend. The chart indicates persistent strength with potential higher highs, driven by strong demand zones.
Price Targets:
Immediate resistance is around $108,500. If momentum continues, look for the next target at $116,000. Watch support at $87,500 if a pullback occurs.