Bitcoin price analysis (Bullish) — 91980.41 USDT (+1.10% 24h)

Bitcoin continues to show strength, trading at $91,980 with a solid 1.1% gain over the past 24 hours. The current price sits above both the 20-day SMA ($91,179) and 50-day SMA ($91,618), indicating underlying bullish momentum. However, the RSI reading of 69.9 suggests we’re approaching overbought territory, which could trigger short-term consolidation. Trading volume remains robust at $2.9 billion, supporting the current price action, while volatility sits at a manageable 2.9%. For traders, consider taking partial profits near the $92,000 resistance level while maintaining core positions. Look for potential entries on any pullback toward the $90,500-$91,000 support zone. Risk management remains crucial given the elevated RSI levels. The overall structure remains constructive, but patience for better risk-reward entries may prove wise in the coming sessions.