📊NEUTRAL: $BTC (30M)

#BTCUSDT | #BTC | #Bitcoin

Current Price $95713.00

Market Cap $1881.95B

Change 1h +0.70% | 24h -0.56%

30-Minute Indicators:

• RSI: 38 - Neutral 🟠

• MACD: -619 - Bearish 🔴

• EMA: 96951 - Trading Below 🔴

Analysis:

BTC has formed a head and shoulders pattern on the 1-hour chart, suggesting potential downside. The breakdown indicates bearish momentum. Expect further decline as it approaches the blue zone, which could offer a strategic point for entering long positions.

Price Targets:

The downward movement may continue until around $95,921. If the blue area holds strong, watch for potential rebounds for long entries. Keep an eye on price action for bullish confirmations in this zone.