- Today's Chart: Bitcoin Gains Momentum:


Bitcoin is trading above $73,000, with an uptrend bias in the near term. The price is holding above the 50-day (EMA) at $72,821, while the SuperTrend indicator provides support at $64,908.
Momentum readings confirm this uptrend, with the (RSI) rising to near 50 on the daily chart, while the (MACD) has settled above the signal line in positive territory. The expanding green histogram bars of the MACD indicate continued buyer dominance following the absorption of the recent decline.

Daily chart for BTC/USDT pair

The initial support level lies near the 50-day exponential moving average, where a daily close below it would reveal the next downside zone around $70,000. A deeper break would bring the key trend level at $64,908 into focus. On the upside, immediate resistance appears at the recently reached high of $74,450, with a clear potential breakout toward the 100-day $BTC EMA at $79,442.
BTC1,32%
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Before00zerovip
· 7h ago
Bitcoin continues its gains above $73,000, supported by steady buying from individuals and institutions.
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