"Lower Highs, Rising Doubts — $BTC Faces Bearish Continuation Signal."🔻🔻🔻
• Current Price: $94,721.84
• 24h Change: -1.24%
• 24h High/Low: $95,920.57 / $93,514.10
• Moving Averages (MAs):
• MA(7) : $94,895.39 (short-term trend, slightly above
current price)
• MA(25) : $96,026.88
• MA(99) : $92,887.77
- Volume Trend : Spikes in recent bars indicate higher activity—potential for increased volatility.
- Order Book Sentiment: 89.28% on the bid side vs. 10.72% ask—suggesting strong buying interest at this level.
🛡️ This setup could suggest a short-term recovery attempt but caution is needed as price is still below MA(25).
🔻Indicating a broader bearish trend. Good for Short future trades.
Still Doing your own research is always a priority.
