From the graph shown in the Binance app and technical factors, there are several interesting points:

Short-term trend of BTC/USDT

Moving Average (MA)

MA(7) = 83,228.58 (short-term moving average)

MA(25) = 84,259.52 (medium-term moving average)

MA(99) = 93,049.09 (long-term moving average)

The current price (84,123.79) is close to MA(25), which means that the important resistance may be at 84,259.52, and if it can break through, there may be a chance to rise further towards MA(99)

Support and resistance

Key support level: 81,659.00 (24-hour low)

Important resistance level: 84,720.00 (24-hour high)

If the price can hold above 84,720, there may be an upward trend

Technical indicators

RSI (6) = 50.79 -> Neutral value, indicating that the market is not overbought or oversold

MACD -> There is a crossover between the DIF and DEA lines, which may indicate an upward trend or renewed buying strength

Volume -> Trading volume remains high, indicating investor interest

Economic factors that may affect BTC prices this month

Inflation figures and Fed decisions

If the Federal Reserve (Fed) tends to slow down interest rate hikes, it may have a positive effect on BTC as investors return to risk assets

Stock market and global economy

If the stock market improves and the economy starts to recover, it may support a rise in BTC

Significant events in the crypto industry

For example, the approval of additional Bitcoin ETFs or the upcoming halving event may lead to increased buying pressure

Summary of the trend

If BTC can break through the resistance at 84,720, there is a chance to test the levels of 88,000 - 90,000

If it falls below 81,659, it may test the support level at 80,000