📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
#BTC#
## 📌 Technical Analysis BTC/USDT
🔍
### 🧠 Overview
The **BTC/USDT** pair represents the price of Bitcoin in relation to Tether (USDT), the most used stablecoin in the market. It is the most traded pair globally and serves as a reference for the crypto market.
### 📊 Market Data (Updated)
- **Current price**: ~$114,400
- **24h Variation**: +0.17%
- **Price Range (24h)**: $113.244 – $114.057
- **Volume**: High, with robust liquidity
### 📈 Technical Indicators
#### 🔸 Oscillators
| Indicator | Status |
|----------|--------|
| RSI (14) | Neutral |
| MACD | Weak Buy |
| Stochastic | Overbought |
| ADX | Strong trend |
#### 🔸 Moving Averages
| Period | Status |
|--------|--------|
| MA10 | Buy |
| MA50 | Buy |
| MA200 | Buy |
🔹 **Daily Technical Summary**: **Strong Buy Signal**
🔹 **Weekly Summary**: **Moderate Purchase**
🔹 **Monthly Summary**: **Strong Purchase**
### 🧭 Recommended Trading Setup
#### 🟢 **Setup Long (Buy)**
- **Entry**: $113,500–$114,000
- **Stop-loss**: $111.800
- **Target 1**: $116,000
- **Target 2**: $118,500
- **Justification**: Sustained upward trend with strong technical support
#### 🔴 **Setup Short (Sale)**
- **Entry**: $118,500
- **Stop-loss**: $120,000
- **Target 1**: $115,000
- **Target 2**: $112,000
- **Justification**: Possible exhaustion after breaking resistance
### ⚠️ Risk Management
- **Risk per trade**: max. 2% of capital
- **Partial on the first target**
- **Mobile stop after partial**
- **Avoid trading in consolidation zones without volume**
### 📉 Conclusion
- Bitcoin shows technical strength with a sustained upward trend.
- Indicators point to **continuation of the rise**, but with signs of overbought.
- Ideal for operations with **strict risk management** and **well-defined targets**.
📣 *This content is educational. Do your own analysis before investing.*