This is the $BTC
BTC/USDT trading chart on Binance, showing a strong upward movement. Here's the breakdown:
Current Price: $87,575.01
24h Change: +3.13% (bullish momentum)
24h High: $87,909.99
24h Low: $84,573.40
24h Volume: 17,197.51 BTC and 1.48B USDT
Chart Analysis:
BTC has surged from $83,625.10 to $87,909.99, indicating strong bullish momentum.
The long green candles show aggressive buying, but the wick near $87,909.99 suggests some selling pressure.
If BTC breaks above $87,910, the next potential target could be $88,500 - $89,000.
If BTC pulls back, key supports to watch are $87,181 and $86,238.
What to Watch:
A break above $87,910 could lead to new highs.
If rejection happens, a retest of $86,500 - $86,200 may be possible before another attempt higher.
Are you looking for a short-term trade or long-term price action analysis?
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