$BTC BTC/USDT, here’s a technical analysis:
Current Overview
· Price: ~$84,052.4 (+1.12%)
· Perp Price: 84,016.1 (+1.15%)
· Market Position: Strong, trading near 24-hour high (84,631.5)
Indicators & Key Levels
1. Bollinger Bands (20,2)
· Midline (BOLL): 83,630.8
· Upper Band (UB): 84,781.6
· Lower Band (LB): 82,480.0
· Analysis: Price is currently above the midline, indicating bullish momentum. It is approaching the Upper Band, which could act as resistance. If it breaks above, it may signal continued upward movement.
2. Parabolic SAR (0.02, 0.02, 0.2)
· SAR Value: 83,424.0
· Analysis: SAR dot