$BTC To determine whether BTC (Bitcoin) is bullish or bearish, let's analyze the current market data:

Recent Price Movements

1. *24-Hour Change*: BTC is trading with a 0.8% decrease.

2. *7-Day Change*: BTC has seen a 3.2% increase.

3. *30-Day Change*: BTC has experienced a 10.1% increase.

Technical Indicators

1. *Relative Strength Index (RSI)*: BTC's RSI is at

52, indicating a neutral market sentiment.

2. *Moving Averages*: BTC's 50-day moving

average is above its 200-day moving average, suggesting a bullish trend.

Market Sentiment

1. *Trading Volume*: BTC's trading volume has decreased by 12% in the last 24 hours.

2. *Open Interest*: BTC's open interest has risen by 5% in the last 24 hours.