$BTC The BTC/USDT pair shows signs of short-term weakness. After recently reaching $111,980, the price has fallen back and is now hovering around $104,800, with a decrease of -2.17% in the last 24 hours. The decline has intensified after losing the 7-day exponential moving average (EMA7), indicating a potential deeper correction. The RSI is also at 39.67, suggesting that the asset is approaching oversold territory. I am watching support at $102,600. If lost, we could see BTC targeting $98,000.
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BTC
104,706.72
-0.37%
266
0
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