$BTC

BTC

96,197.1

-0.86%

is currently trading around $106,000.

Most short-term indicators (20-day and 50-day MAs) are below the current price trend, showing bearish momentum.

Analysts note a potential Death Cross forming between the 50-day and 200-day moving averages — suggesting the market could see more downside pressure.

BTC is currently trading below both its 20-day and 50-day MAs, which usually confirms a short bias (selling pressure).