Sentiment: Bullish
Bitcoin is showing resilience above the $117,000 level, with a modest 1.26% gain over the past 24 hours. The current price trading above both the 20-day SMA ($116,452) and 50-day SMA ($115,731) indicates underlying strength in the trend structure. The RSI reading of 66.8 suggests bullish momentum without entering overbought territory yet. Volume of $1.4 billion appears healthy, supporting the current price action. The volatility reading of 1.13% suggests relatively stable conditions for BTC. Traders should consider maintaining long positions with stops below $115,700, while looking for potential breakout opportunities above $118,000. The overall technical picture supports continued upward movement, though traders should monitor for any rejection at these levels.
Key Metrics
| Price | 117228.1500 USDT |
| 24h Change | 1.26% |
| 24h Volume | 1402030252.85 |
| RSI(14) | 66.82 |
| SMA20 / SMA50 | 116452.01 / 115731.48 |
| Daily Volatility | 1.13% |
Bitcoin — 1h candles, 7D window (SMA20/SMA50, RSI).
