📊 Technical Analysis – BTC/USDT (1h)
Current Price: $87,353.65
24h Variation: +1.63%
24h High/Low: $88,175.98 / $85,266.00
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📈 General Overview:
After a significant drop to the region of $85,146.64, Bitcoin reacted with strong buying pressure and broke through the short-term moving averages (MA7 and MA25), signaling a recovery in intraday momentum.
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📊 Moving Averages:
• MA7: $87,367.67 (current level)
• MA25: $86,580.16
• MA99: $88,852.34
The price is between MA25 and MA99. A breakout above MA99 could indicate a resumption of a more structured upward trend. Otherwise, the resistance between $88,100 and $88,800 is likely to generate selling pressure.
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📉 RSI (Relative Strength Index):
• RSI(6): 53.07
• RSI(12): 52.78
• RSI(24): 48.71
The indicators show slight buying pressure, with no overbought conditions. There is still room for moderate rises, but without confirmation of a strong trend.
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📌 Conclusion:
BTC is trying to hold above MA25 with significant resistance at MA99. Buying volume has increased, but it is still not significant enough to indicate a clear breakout. Caution near $88,000–$89,000. If it loses support at $86,500, it may return to the $85,000 level.
