$BTC

🪙Technical analysis of BTC/USDT

Bitcoin is trading around $105,800, with a slight decrease of 0.06%. The volume over the last 24 hours is around 7.76 billion in BTC and 820.78 million in USDT. The RSI is at 24.74, indicating that Bitcoin is oversold. The MACD shows a bearish signal, and the price is near the lower Bollinger band, suggesting a possible upward recovery. In conclusion, it is crucial for investors to pay attention to support and resistance levels to identify buying or selling opportunities, and consider the high volatility of the market before making decisions.