Suyay
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Bitcoin ($BTC) regains ground: Heading towards the $89k Wall?
🐂 The opening of the U.S. market brings us a Bitcoin trying to shake off the pressure from the weekend. Analyzing the 1 Hour chart, the structure has changed to "Recovery."
What the chart tells us:
✅ Support Recovered: The price ($87,400) has managed to rise above the short-term EMAs (Yellow and Blue Lines), now using them as a floor.
📊 Indicators: The RSI at 58.47 shows that there is still fuel in the tank before reaching overbought conditions. There is no saturation yet.
What the chart tells us:
✅ Support Recovered: The price ($87,400) has managed to rise above the short-term EMAs (Yellow and Blue Lines), now using them as a floor.
📊 Indicators: The RSI at 58.47 shows that there is still fuel in the tank before reaching overbought conditions. There is no saturation yet.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
91,904.77
+0.10%
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