Technical Analysis — BTC/USDT (1h)
Current Price: $90,244.79
Change: -2.67%
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🔍 Scenario Summary
• Highest Price in 24 Hours: $94,476.00
• Lowest Price in 24 Hours: $89,389.63
• Current Trend: Ongoing correction with slight support attempt
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📉 Technical Indicators
1. Moving Averages
• MA(7): 90,275.45
• MA(25): 91,734.33
• MA(99): 91,177.61
🔻 Price is below all moving averages → Short-term bearish trend
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2. RSI (Relative Strength Index)
• RSI(6): 29.08
• RSI(12): 32.99
• RSI(24): 40.70
🔻 Overbought (RSI < 30) — May indicate a potential reversal point in the very short term
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3. Volume
• Volume is declining after the previous peak. No confirmation of buying strength yet.
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🔑 Technical Points
• Strong Support: $89,390 (Recent Low)
• Short Resistance: $91,370 (MA99)
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⚠️ Technical Conclusion
Bitcoin is undergoing a technical correction after a strong rise, operating below the averages.
The RSI indicating oversold suggests a potential rebound or bounce, but without confirmation of reversal.
📌 The current scenario is cautious.
Speculative entry only with recovery above $91,200 with volume.
Short Stop: Below $89,000
