$BTC Next move:
From the chart, Bitcoin (BTC) is currently trading at **88,512** and has recently reached a high of **89,940** in the last 24 hours, indicating strong upward momentum. The RSI (Relative Strength Index) is at **82.55**, which suggests BTC is in the overbought zone. This typically indicates a potential for a pullback or consolidation in the near term, as buyers may start to take profits.
Key indicators to watch for the next move:
1. **Support Levels**: The EMA(7) at **86,683.60** could act as immediate support if there's a pullback.
2. **Resistance Levels**: If BTC breaks above the recent high of **89,940**, it could target the psychological **90,000** level and potentially move higher.
3. **Overbought Conditions**: The high RSI suggests the need for caution, as a reversal or sideways movement could occur to relieve the overbought pressure.
In summary, BTC's trend is currently bullish, but a temporary correction or consolidation might happen before another upward push.
