Product: BTCUSD
🟢Price Action: Consolidation
🟢Prediction: Consolidation
Bitcoin has formed a double bottom pattern, currently trading at 94,480. The price is facing resistance near 95,477, with the RSI at 66, signaling potential buying pressure exhaustion.
Expecting a retest of the support zone between 87,000 and 89,000, followed by consolidation within the current support and resistance levels.
#KVB# #BTC/USD# #cryptocurrency# #Todayanalysis# #technicalanalysis# #RSI#
Edited 30 Apr 2025, 15:09
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