The current price of Bitcoin (BTC) in USDC is $113,798.37.
Price Analysis
- The price has dropped from a 24-hour high of $115,998.99 to the current level, indicating a decline of approximately 1.9%.
- The 24-hour low is $112,681.99, suggesting that the price has been fluctuating within a relatively narrow range.
- The moving averages (MA) indicate a potential bearish signal, with MA(7) at $116,594.74 and MA(25) at $117,473.99, both above the current price.
Trend
The candlestick chart shows a downward trend, indicating a potential bearish market sentiment.
Support and Resistance
- The current price is near the lower end of the 24-hour range, suggesting potential support around $112,681.99.
- Resistance may be present around $115,998.99, the 24-hour high.
Overall, the price analysis suggests a bearish trend, with potential support and resistance levels to watch.
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