🪙 BTC/USDT Analysis and Forecast 🪙

🔹 Current Price: $59,777.28

🔹 RSI: 63.40 (Neutral)

🔹 MACD: Buy signal

🔹 EMA (20): $59,450.38

🔹 EMA (25): $58,490.60

🔹 EMA (99): $59,186.03

🔹 Stochastic RSI: 93.66 (Overbought)

🔹 OBV: On the Rise

🔹 Whale Buys: High (1,814.82 BTC)

📊 Comment:

BTC continues its upward movement in the last 24 hours. EMA indicators are trending below the price and MACD is giving a buy signal, which indicates that the upward move may continue. The RSI and Stochastic RSI are in overbought areas, which could indicate the possibility of a correction in the short term. The increase in OBV and high whale buying indicate that the market is strongly supported.

BTC can be expected to surpass the $60,000 level and push the $60,500 resistance, but if it fails to surpass this level, there is a possibility of retreating to the $58,500 support.

📈 Support: $58,500

📉 Resistance: $60,500

🚀 Goal: $61,000

🔻 Risk: $58,500

🔍 Technical Analysis Indicators:

👉 RSI: 63.40, in the neutral zone, does not give an overbought or oversold signal.

👉 MACD: Buy signal shows that the trend is upward.

👉 EMA (20, 25, 99): The price above all EMA values ​​indicates a strong upward trend.

👉 Stochastic RSI: 93.66 is in the overbought zone, increasing the possibility of a correction.

👉 OBV: Increasing, it shows that volumetric purchases are high.

It is not investment advice, be careful! 😉📊

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