🟠 [BTC/USDT Update - June 23, 2025] 📉 Current Price: $100,895 📊 Timeframe: 1H | Mixed Technical Signal
🚨 What Happened? BTC has experienced a decline after failing to maintain the $111,980 area and is now moving sideways around the EMA 30 ($104,601). RSI has dropped to 46 — a sign of starting to become overbought.
📣 Brief Conclusion: BTC is currently in a healthy accumulation zone. This correction could be a buying opportunity if it bounces back from $98K. Beware of a deeper breakdown if BTC fails to hold above $100K!
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🟠 [BTC/USDT Update - June 23, 2025]
📉 Current Price: $100,895
📊 Timeframe: 1H | Mixed Technical Signal
🚨 What Happened?
BTC has experienced a decline after failing to maintain the $111,980 area and is now moving sideways around the EMA 30 ($104,601). RSI has dropped to 46 — a sign of starting to become overbought.
🔍 Technical Analysis:
• EMA5 < EMA10 < EMA30 → Short-term bearish signal
• MACD weakens, negative histogram
• Stoch RSI oversold → technical rebound opportunity
🎯 Potential Spot Investment Point:
📌 Strong support area: $98,200 - $100,000
📌 Target rebound: $104,500 - $107,000
📣 Brief Conclusion:
BTC is currently in a healthy accumulation zone. This correction could be a buying opportunity if it bounces back from $98K. Beware of a deeper breakdown if BTC fails to hold above $100K!
📍DYOR & use risk management!
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