Hello dear followers,
Here is a quick analysis of the price movement of Bitcoin (BTC) against USDT:
Current price: 100,585.23 USDT with a 6% increase in the last 24 hours.
Trend: Clearly bullish. Parabolic SAR dots are below the candles, and MACD indicates strong buying.
RSI is at 60.86, which means the market is not yet overbought.
Moving averages support the upward trend.
Trading volume: High, which reinforces the upward trend.
Forecast:
Resistance: If we surpass 101,090.90 USDT, we may see further gains.
Support: The nearest support level is 99,960.95 USDT.
Recommendation:
For speculators: Buy with Stop Loss below the support.
For investors: The trend is positive, follow the changes constantly.
Stay tuned!
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I hope this analysis is useful to you. If you have any questions, please feel free to ask.
