š #bitcoin holding Strong Above $118K! š
š Checking in on the King, Bitcoin, and it's looking pretty resilient!
We're seeing $BTC trading at $118,445.39, with a slight uptick of 0.21% over the last 24 hours. The price has been consolidating nicely around this level, after hitting a 24h high of $118,797.08. We're well above the 24h low of $115,800, which is a good sign of support.
Looking at the moving averages, the MA(7) is right there with the price at $118,201, and the MA(25) at $117,188, both indicating that the short-term trend remains positive. The MA(99) way down at $107,358 really highlights the significant run we've had since early July!
Volume has been fluctuating, but there's still good activity, suggesting that this consolidation might be setting us up for the next leg up.
What are your thoughts? Are we preparing for a push towards $120k and beyond? Drop your predictions below! š
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