📊NEUTRAL: $BTC (1H)
Current Price $96657.00
Market Cap $1915.35B
Change 1h -0.48% | 24h +0.42%
Hourly Indicators:
• RSI: 48 - Neutral 🟠
• MACD: 117 - Bullish 🟢
• EMA: 96704 - Trading Below 🔴
Analysis:
BTC is showing an inverse head and shoulders on the 1H chart, suggesting a bullish trend. This is a promising setup for a rise, especially with the current strong buy opportunity in the demand zone. Keep an eye on the buy-back zone for potential re-accumulation.
Price Targets:
If the pattern plays out, we could see BTC push toward $107,000. The immediate resistance is near $99,660, with possible pullbacks in the $90,845 area. Watch for support to hold around $88,736. Happy trading!