Sentiment: Bullish
Bitcoin is currently trading at $115,770, showing slight weakness with a minor 0.3% decline over the past 24 hours. The RSI reading of 65 suggests we’re approaching overbought territory but haven’t crossed the critical 70 threshold yet. Notably, the price remains above both the 20-day SMA ($115,214) and 50-day SMA ($115,433), indicating underlying strength in the medium-term trend. The volatility reading of 1.22% reflects relatively stable conditions for BTC. Trading volume remains robust at $1.42 billion, supporting current price levels. My advice would be to watch for a break above $116,000 for potential continuation toward $118,000, while maintaining tight stops below $115,000 should the support levels fail. Consider taking partial profits near current levels given the elevated RSI.
Key Metrics
| Price | 115770.3600 USDT |
| 24h Change | -0.30% |
| 24h Volume | 1419206340.57 |
| RSI(14) | 65.41 |
| SMA20 / SMA50 | 115214.40 / 115433.11 |
| Daily Volatility | 1.22% |
Bitcoin — 1h candles, 7D window (SMA20/SMA50, RSI).
