Good morning, fam! š
Just checked out the BTC/USDT chart, and hereās whatās catching my attention. Both the Stochastic RSI and RSI indicate that BTC is currently overbought, suggesting buyers have pushed the price up rapidly. The Stochastic RSI is at 99.7, while the regular RSI is around 93.4 ā both in the high range.
On top of that, BTCās price is trading above the upper Bollinger Band, which often signals increased volatility. This could hint at a potential pullback or correction as the price returns closer to the average.
It might be wise to be cautious with new buys or consider taking some profits. Letās stay tuned and see how it plays out!
#BTCBreaks89k #HaveYouBinanced #DogecoinPriceSurge #EthereumRally $BTC $BNB