$BTC

BITCOIN ANALYSIS

Bitcoin is trading at $113,548 down 2% in the last 24 hours

The 24h high was $115,010 and the low touched $112,764

Current trading shows mixed sentiment

Volume in 24h is solid at $31.2 billion

with $17.5B in USDT and $9.8B in USDC pairs

Order book ratio is about 1.1:1 in favor of buyers showing slight buying pressure

TECHNICALS

50 MA is at $114,200

200 MA sits at $110,600

Price is floating near the 50MA

suggesting indecision

If Bitcoin holds above $113K

bulls may retest $116K

Break below $112K might invite more selling

Stay cautious whales are quiet and volume is slightly cooling