🔔 Price of $BTC has decreased by -0.2% in the past 7d.
🔸 Summary:The price of BTC has decreased by 0.2% over the past 7 days, currently standing at $104,943.31 after a 5.05% drop from its 7-day high. The trading volume has drastically decreased by 99.78% from the 7-day high, which correlates significantly with the decline in BTC price, indicating that lower trading activity may be influencing the downward price movement.
📈 Technicals:
The MACD indicates strong selling pressure with a potential continuation of the downward trend, the OBV confirms this bearish sentiment with its decreasing trend, and the expanding Bollinger Bands suggest increased market volatility and significant price fluctuations.