$BTC Based on the analysis of 17 technical indicators, 1 of which recommends buying, and 11 — selling, the short-term forecast is bearish, based on the technical analysis of prices. The first major resistance for the upward trend for BTC is at the level of $90,907; to continue rising, it must close above this level, and the lower support is at $87,341. Thus, if the price falls below $87,341, we may see further declines. On the other hand, if the price can close above the level of $90,907, it may rise to the next resistance level at $94,381

BTCUSDT

Perp

90,439

-1.92%

The 14-day Relative Strength Index (RSI) is currently at 49.43, indicating neutral market conditions without oversold or overbought conditions. Similarly, the Relative Strength Index (RSI) on the weekly chart is at 63.48, which also indicates neutral market conditions.

On the daily chart, the exponential moving averages indicate a bearish signal. The price of Bitcoin is currently below all exponential moving averages.

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