📉 Current Situation 📊 Today the price of Bitcoin (BTC) is $83,108.1, reflecting a daily decrease of -0.69%. Over the last 24 hours, the price has fluctuated between $81,649.8 and $83,946.4. Technical indicators 📈 📉Moving averages (MA) 🔵🟠 Long-term trends indicate selling pressure as the price is below the 100-day moving average. The orange line (MA) indicates a possible resistance level at $93,761.5. Bollinger Bands (BB) 📏 Upper BB limit: $107,700.0 🔴 (strong resistance zone). BB Middle Line: $93,761.5 🟠 ( key level for bullish breakout ). Lower BB boundary: $79,822.9 🟢 (potential support level). Relative Strength Index (RSI 14) 📉 The current RSI is 48.47, indicating a neutral zone with no clear overbought or oversold conditions. If the RSI drops below 40, it may signal a potential price decline. Withdrawal and forecast 🔮💰 ✅ Bullish scenario: If BTC surpasses $93,761.5, it will pave the way to $100,000+ 🚀. ❌ Bearish scenario: If the support at $79,822.9 is broken, the price may drop to $75,000 and below 📉. Conclusion 🎯The market is in uncertainty, but the nearest resistance and support levels could play a key role in BTC's movement. Investors should keep an eye on the RSI and moving averages to determine the further direction of the market. 📡💹 #BTC & ETH Market Analysis
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SOCIOLOGIST
· 2025-03-31 19:04
Thank you very much for your information. Best regards… ☘️💙☘️
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VictoriaH
· 2025-03-31 06:50
I believe that no positive trends are expected until April 3.
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Asiftahsin
· 2025-03-31 03:40
Thank you so much for the information
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ChartDoctor
· 2025-03-31 01:00
Nice projet goooood job with you
Reply0
WholeCryptoQueen
· 2025-03-30 20:07
🌙 Happy Eid-ul-Fitr!🎉
Everyone, give your family a few days || InshaAllah, I will start everything anew.
💖 Eid Mubarak!
Reply0
CryptoBGs
· 2025-03-30 10:32
thank you so much 😊
Reply0
GateUser-ed950a40
· 2025-03-30 08:57
Good market analysis. I found it useful. I will continue to read your articles.
Cryptocurrency Market Analysis: BTC/USDT 🚀
📉 Current Situation 📊
Today the price of Bitcoin (BTC) is $83,108.1, reflecting a daily decrease of -0.69%. Over the last 24 hours, the price has fluctuated between $81,649.8 and $83,946.4.
Technical indicators 📈
📉Moving averages (MA) 🔵🟠
Long-term trends indicate selling pressure as the price is below the 100-day moving average.
The orange line (MA) indicates a possible resistance level at $93,761.5.
Bollinger Bands (BB) 📏
Upper BB limit: $107,700.0 🔴 (strong resistance zone).
BB Middle Line: $93,761.5 🟠 ( key level for bullish breakout ).
Lower BB boundary: $79,822.9 🟢 (potential support level).
Relative Strength Index (RSI 14) 📉
The current RSI is 48.47, indicating a neutral zone with no clear overbought or oversold conditions.
If the RSI drops below 40, it may signal a potential price decline.
Withdrawal and forecast 🔮💰
✅ Bullish scenario: If BTC surpasses $93,761.5, it will pave the way to $100,000+ 🚀.
❌ Bearish scenario: If the support at $79,822.9 is broken, the price may drop to $75,000 and below 📉.
Conclusion 🎯The market is in uncertainty, but the nearest resistance and support levels could play a key role in BTC's movement. Investors should keep an eye on the RSI and moving averages to determine the further direction of the market. 📡💹 #BTC & ETH Market Analysis