Current $BTC SituationPrice: ~85,716 USDT24h Drop: -5.55%Trend: Downtrend on 1D timeframe24h High: 92,00024h Low: 85,604š Trend Analysis
1ļøā£ Moving Averages (MA)All major MAs are above the price, which is a bearish sign:MA(7): 89,565MA(25): 93,622MA(99): 107,822This means BTC is trading below short-term and long-term trend lines, showing strong downward pressure.
š Indicators
š¹ RSI = 27 (Oversold zone)
RSI below 30 means BTC is oversold.
This can sometimes create a small bounce, but the main trend still looks bearish.
š¹ MACD
MACD is still below the 0 line, indicating continued bearish momentum.
However, small green bars show slight buying pressure, but not strong enough to reverse the trend.
š° Volume
Recent red candles show strong selling activity.
Buyers are weak at the moment.
š Levels to Watch
Support Levels
85,000 (current support)
80,600 (previous strong support)
78,800 ā 79,500 (next danger zone)
If BTC breaks 85,000, it can fall to 80,600 again.
Resistance Levels
88,000
90,000
93,600 (MA25) ā Important resistance
š What Can Happen Next?
ā”ļø Bearish Scenario (More likely)
BTC can:
Break 85,000
Go down to 82,000 ā 80,600
Trend is negative unless BTC closes above 90,000.
ā”ļø Bullish Scenario (Less likely)
If BTC bounces from RSI oversold, it may retest 88,000 ā 90,000, but strong resistance is waiting.
ā Should You Buy or Sell Now?Not financial advice ā for educational trading only
āļø Good Buy Zones (Safer Entry)
80,600 ā 82,000
Only if price shows reversal signals (green candles + volume)
āļø Good Sell/Short Zones
88,000 ā 90,000
93,600 (MA25) is a strong sell zone if price reaches there.
