Bitcoin is trading around $90,226, showing strong bullish momentum with a +1.58% move on the session. Price has pushed close to the 24H high at $90,277, indicating buyers are firmly in control.
Trend & Moving Averages
Price is above EMA(7), EMA(25), and EMA(99) → clear short-term bullish structure.
EMA(7) > EMA(25) > EMA(99) confirms a healthy uptrend.
Recent higher lows from $88,730 show strong demand on dips.
Momentum Indicators
MACD is positive and expanding → bullish momentum intact.
RSI(6): 85.85 (overbought short term)
RSI(14): 72.92 (strong but stretched) 👉 This suggests momentum is strong, but a minor pullback or consolidation is possible before the next move.
Key Levels
Immediate Resistance: $90,300 – $90,500
Support Zones:
$89,950 – $89,600 (EMA support)
Strong support near $88,800
Outlook Bitcoin remains bullish, but with RSI in overbought territory, smart money may wait for a pullback or consolidation before continuation. A clean break above $90.5K could open the door for the next leg up, while holding above $89.6K keeps the trend strong.
⚠️ Volatility expected — manage risk accordingly.$BTC
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