Bitcoin is currently trading near key moving averages with neutral momentum. Recent price action shows consolidation between support and resistance levels.
Current Market Position
BTC is trading at $95,968, slightly above the 20-day average but below the 50-day average. The RSI at 46 suggests neither overbought nor oversold conditions.
Support and Resistance Levels
Recent local lows around $94,377 and $95,277 provide support. Resistance appears near $96,482 and $97,011 based on recent highs.
Trading Strategy
Consider buying near support levels and selling near resistance. Current price is in the middle of the recent range, suggesting a wait for better entry points.
Beginner Recommendations
Advice: hold
Buy Price: 94377.47 USDT
Sell Price: 97011.22 USDT
Key metrics
| Price | 95967.9900 USDT |
| 24h Change | -0.48% |
| RSI(14) | 46.39 |
| SMA20 / SMA50 | 95836.71 / 95984.97 |
| Daily Volatility | 2.55% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
