$BTC has cooled down a bit—it’s sitting around $113K USD, down from over $119K just a few days ago. The U.S. imply tariffs on other countries, and investors are pulling cash out, making crypto go down about 1–2% today.”
$BTC is currently priced around $113,800, showing a small dip in the last 24 hours. But other than just the price, traders are closely watching indicators like MACD, RSI, and moving averages—and right now, these are giving mixed to bearish signals.
🧭 1. RSI (Relative Strength Index):
• RSI is below 50, which usually means Bitcoin is losing momentum.
📉 2. MACD (Moving Average Convergence Divergence):
• The MACD line is starting to cross below the signal line. That means there is a possible downtrend or correction in the short term.
📈 3. Moving Averages (50-day vs 200-day):
• Bitcoin is still above its 200-day average, which is a long-term bullish sign. But it’s testing the 50-day line — if it breaks below, short-term weakness could increase.
Final thoughts:
Long term traders usually ignore short term bearish indicators but short term traders may wait for better entry points.