Good day September 15, 2024 Let's take a look at the status of #Bitcoin . It is currently hovering around $$BTC 60,178. Now let's summarize the situation by looking at the indicators:

When we look at the RSI, we see that this value is below 70, which indicates that it is not in the overbought region. We can say that Bitcoin is neither oversold nor overbought. Since it appears above 50, this indicator indicates that we are in an uptrend.

The CCI is around 101. In other words, it has gained some momentum recently, we can say that there may be an upward potential. Since the CCI is a sensitive indicator, it also indicates that we are on the overbought border.

The MFI is almost close to 50, it does not give a very strong buy or sell signal. In other words, we can say that the money entering and leaving the market is in balance.

The ROC is positive and above 0, which means there is an upward trend in prices. This generally indicates that Bitcoin may continue to gain value.

RVI is above 60, which indicates that price volatility is high. In other words, there may be fluctuations in prices. According to this indicator, sharp movements are expected.

F&G is around 32. This index is a little low, meaning there is fear in the market. There is some anxiety in the market.

ChandelierMO indicator also confirms that there is an upward trend.

In summary, Bitcoin is currently in balance and seems to have upward potential. But there is some fear in the market.

Shares are not investment advice. Do not forget to do your own risk assessment. The analysis is valid until the close of the day.

I wish you a good day.