BTC/USDT Analysis (1-Hour Chart)
Support & Resistance Levels:
Resistance: 84,756 – If price breaks above, it may go higher.
Support: 83,957 - 83,500 – If price falls below, a correction is possible.
Market Trend:
Bullish Signs: Price is above MA(7), indicating short-term upward momentum.
Bearish Signs: Decreasing volume may weaken the buying pressure.
Conclusion: If BTC stays above support, it may continue upward. A break below support could lead to a drop.