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Market is strong bearish trend
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#$BTC Current Price: The current price of BTC is 110,244.51 USDT, which translates to Rs31,277,469.93, showing a 2.61% increase. 24h Performance: The 24-hour high was 110,623.97 USDT, and the low was 107,255.00 USDT. The 24h volume for BTC is 15,860.76, and for USDT, it's 1.73B. Bollinger Bands (BOLL): The Bollinger Bands (20, 2) indicate an upper band (UP) at 123,802.90, a middle band (MB) at 109,087.93, and a lower band (DN) at 94,372.95. The price is currently above the middle band but below the upper band, suggesting a recent upward trend within the volatility range. Relative Strength Index (RSI): The 6-period RSI is at 45.79, which is in the neutral zone, neither overbought (typically above 70) nor oversold (typically below 30). Price Movement: The chart shows price fluctuations over a period, with a peak around 124,474.00 and a low around 74,508.00 within the displayed timeframe (February to June 2025). The current price is near the recent highs shown on the chart. Performance Metrics: Various timeframes show the percentage change: Today (0.92%), 7 Days (-1.92%), 30 Days (-1.88%), 90 Days (3.99%), 180 Days (22.87%), and 1 Year (88.24%). This indicates short-term dips but strong long-term growth. Order Book Distribution: The order book shows a bid percentage of 54.63% and an ask percentage of 45.37%, suggesting slightly more buying interest than selling interest at the current time.
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$BTC next Target 105k to 98k
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