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J-R84
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#BTC
The current Bitcoin (BTC) price is trading around 98,055 USD, up 4.17% compared to the previous session.
• Support and resistance:
• Nearest support level: 93,000 USD, where the price has bounced back in recent trading sessions.
• Key resistance level: 100,000 USD, a psychological level that BTC needs to surpass to continue the upward trend.
• Technical indicators:
• RSI (Relative Strength Index): Currently at 65, indicating that the market is approaching overbought territory, needs to be monitored to avoid adjustment risks.
• MACD (Moving Average Convergence Divergence): In an upward trend, with the MACD line crossing above the signal line, supporting the short-term bullish trend.
• Short strategy:
• Conditions: If BTC fails to break through 100,000 USD and a bearish reversal signal appears, consider opening a sell position.
• Take profit target: 93,000 USD.
• Stop loss: Set at 101,000 USD to limit losses.
The current Bitcoin (BTC) price is trading around 98,055 USD, up 4.17% compared to the previous session.
• Support and resistance:
• Nearest support level: 93,000 USD, where the price has bounced back in recent trading sessions.
• Key resistance level: 100,000 USD, a psychological level that BTC needs to surpass to continue the upward trend.
• Technical indicators:
• RSI (Relative Strength Index): Currently at 65, indicating that the market is approaching overbought territory, needs to be monitored to avoid adjustment risks.
• MACD (Moving Average Convergence Divergence): In an upward trend, with the MACD line crossing above the signal line, supporting the short-term bullish trend.
• Short strategy:
• Conditions: If BTC fails to break through 100,000 USD and a bearish reversal signal appears, consider opening a sell position.
• Take profit target: 93,000 USD.
• Stop loss: Set at 101,000 USD to limit losses.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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