Bitcoin ($BTC) is currently priced at $101,900, down 1.78% over the last 24 hours, with a daily range between $101,500 and $104,356.95. On Binance’s hourly chart, there's clear downward pressure, followed by a brief period of consolidation after reaching the day's low. Rising trading volume suggests increased activity, likely driven by liquidations and panic selling. The MA(5) and MA(10) show a bearish divergence, indicating short-term weakness. Key support is at $101,500; if it breaks, Bitcoin could retest the critical $100,000 psychological level. A recovery above $102,631 might trigger a short-term bounce. Watch MACD and volume patterns closely for signs of a potential trend reversal.
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.