📈 BTC Analysis: current price, indicators, and what is happening in the market

The current price of Bitcoin (BTC) at the time of publication is around $95 500 per coin. 

Market figures also reflect activity:

• maximum price for 24 hours: ~$97 100

• minimum: ~$95 100

• trading volume for 24 hours — high, indicating the interest of crypto traders right now. 

📊 Technical indicators (generally neutral-bullish)

According to the latest technical summaries:

✅ The moving averages (MA) together give a bullish signal. The trend remains upward over several periods (MA50, MA100, MA200).

✔️ RSI ~55–61 — neutral-bullish, not overbought, not oversold.

✔️ MACD shows a tendency to grow, which may indicate the continuation of a bullish phase.

🔶 Other oscillators are mixed, but buying strength is still noticeable.

📌 Key levels with support/resistance:

• nearest support — around $89–90 k

• resistance — ~$98–100 k

• psychological level — $100 000 (important benchmark).

🧠 What does this mean for traders now

🔹 Bullish but cautious scenario

• The price trades above key MAs and maintains upward movement.

• RSI is not in the overbought zone — this means there is still potential.

• If BTC consolidates above $98–100 k, the chance of continued growth increases.

🔸 Bearish or corrective risk

• If the price breaks the support at $89–90 k, a deeper pullback may occur.

• Volatility is still high, and overall macro factors (inflation, rates) may shake the market.

💡 Practical advice (not financial advice 🚫FinAdvice)

🔹 Day traders:

If you enter briefly, focus on the rebound from the level of $89–90 k or break $98–100 k for confirmation of direction.

🔹 Swing traders:

Taking profits on the break of local resistance at $98k–100k may be reasonable, but don't expect 'guaranteed' jumps — the market often fluctuates within a range.

🔹 Long-term holders:

BTC is still above several key moving averages and maintains a bullish direction — this is generally a positive factor for long-term holding.

📍 BTC is currently in a bullish but cautious trend.

📍 Indicators support growth, but resistance around $100 k may delay the breakout.

📍 Watch the key areas: $89–90 k (support) and $98–100 k (resistance)

Question to the audience:

👉 Do you think BTC will break $100 000 in the next 7–14 days, or will we see a correction below $89 000? Share your opinion 👇

#btc70k #BTCAllTimeHigh $BTC $BTC

BTC
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