Dear followers,

Here is a brief and accurate analysis of Bitcoin (BTC/USDT) movements:

1. General trend:

The price is moving in a strong upward trend supported by positive technical signals such as Parabolic SAR and moving averages.

2. Market condition:

There is clear bullish momentum, but the RSI and Stochastic RSI indicators indicate an overbought condition, which may lead to an imminent correction.

3. Support and resistance levels:

Support: 94,800 – 94,900.

Resistance: 96,000 – 97,000 (Possible targets if the uptrend continues).

4. Expectations:

If the price breaks 96,000 steadily, we may see a rise towards 97,000.

In case of a correction, a return to the support levels of 94,800 is expected before resuming the rise.

5. Recommendations:

If you are in the trade, hold your profits and place a stop loss order at 94,800.

If you are planning to enter, wait for a correction to the support levels before buying.

Note: The market is in a state of momentum, but caution and careful risk management is required due to the possibility of a correction. Follow me for more updates!

Regards,$BTC