BTC/USDT – Short Technical Analysis

BTC is consolidating around $92,400 after rebounding from the $80,600 local bottom. Price is holding above the middle Bollinger Band (MB: ~$90,430), which keeps the short-term recovery structure intact.

The market is trading below the upper Bollinger Band (~$94,336), indicating resistance ahead but also room for continuation if momentum builds.

Momentum (RSI):

• RSI(6): 59 – positive short-term momentum

• RSI(12): 51 – neutral-to-bullish

• RSI(24): 45 – recovery phase, not overbought

Volume remains moderate, suggesting controlled accumulation rather than an impulsive breakout.

Key Levels

• Resistance: $93,900 – $94,300

• Support: $90,400, $86,500, $80,600

Outlook:

As long as BTC holds above $90,400, the structure favors a slow continuation toward $94K. A clear break above resistance could open the path to the $96K–$98K zone, while losing $90K would weaken the bullish setup.