Bitcoin is currently trading around 95,400 USDT on the 1D timeframe, and the chart is telling a very interesting story.
🔹 Strong Recovery BTC bounced strongly from the 84,450 support zone, showing that buyers are active at lower levels. This confirms that the market sentiment is still bullish overall.
🔹 Healthy Pullback After touching 97,900, price is taking a small pullback. This is normal and healthy after a strong move up. It is not a crash, it is consolidation.
🔹 Moving Averages Signal Strength
Price is above MA(7) and MA(25) → short-term bullish
Price is near MA(99) → major resistance zone
A clear break above 96,500–97,000 can open the door for the next rally.
🔹 RSI Shows Momentum RSI is around 67, which means momentum is strong but not yet extremely overbought. Bulls are still in control, but traders should manage risk.
🔹 Trading Plan (Simple View) ✅ Bullish continuation if BTC holds above 94,000
⚠️ Rejection near 97,000–98,000 may cause short-term correction
🎯 Breakout above resistance = strong buying opportunity
📌 Final Thought This is the kind of market where patience pays. Smart traders wait for confirmation, not emotions. BTC is preparing for its next move — and the chart never lies.
💬 What is your bias: Breakout or Pullback? Li$ke ❤️, share 🔁, and follow for more clean crypto insights. #BTC #Bitcoin #CryptoTrading #BinanceSquare #PriceActionShort $BTC $SOL
