6 hours ago
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Key Takeaways
- BTC at $81,033, above all three hourly SMAs after sharp recovery candle.
- RSI at 65.70, signal at 48.04: 17.66 point spread, momentum surging.
- Iran allowed 30 Chinese commercial vessels through the Strait of Hormuz.
- Trump and Xi issued joint statement on global energy security in Beijing.
- Clarity Act markup scheduled for Today: second catalyst still in play.
The BTC/USDT 1-hour chart on Binance, captured at 15:04 UTC on May 14, shows Bitcoin at $81,033.54, up 0.08% on the session. The current candle is the move: a sharp green bar originating near $79,700 that pushed price above all three SMAs in a single session. SMA50 sits at $80,155, SMA100 at $80,683, SMA200 at $80,648. Price cleared all three simultaneously, ending the below-MA structure that had been in place since the sharp sell-off that followed the April PPI data release on May 13.
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