Hey everyone! I'm still learning the ropes with crypto and wanted to share what Iโm seeing on the BTC/USDT chart today ๐
๐ Price: $115,255.38
๐ Down ~2.9% in 24h
๐ป 7-day change: โ3.24%
๐ 30-day change: +8.48%
I noticed Bitcoin hit a high of $123,218 recently but has been pulling back for the past few days. Looks like it dropped below both the 7-day and 25-day moving averages (MA), which I read could be a bearish sign. The 99-day MA is still far below at around $107.5K, which might act as support?
๐ง As a beginner, hereโs what Iโm thinking:
Is this just a healthy correction after a strong run-up?
Or could BTC dip further toward the $108Kโ$110K zone?
Just watching the trends ๐๐
Any tips or thoughts from experienced traders?
Appreciate any advice as I keep learning!
#BinanceFeed #CryptoBeginner #BTCAnalysis #TradingJourney
