Over the past four hours, BTC/USDT has shown significant price movements, reflecting its importance in the cryptocurrency market. Starting at $35,000, Bitcoin surged to a high of $36,500, driven by renewed buying interest and market optimism. However, encountering resistance at this level led to a minor retracement, and currently, the price has stabilized around $36,000.From a technical analysis standpoint, the market sentiment remains cautiously bullish. The Relative Strength Index (RSI) is currently at 60, indicating moderate buying pressure without entering overbought territory. Additionally, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, suggesting potential for continued upward momentum if buying interest persists.$BTC
BTC