$BTC

1. Current Price: $99,248.61, down 5.22% over the last 24 hours.

2. Price Range (24h):

• High: $105,213.28

• Low: $97,809.21

3. Trend:

• The chart shows a significant downtrend recently after hitting a peak of $109,599.

• The price has declined sharply from the highs.

4. Volume: There was a noticeable spike in trading volume recently, which likely caused the significant price movement.

Technical Indicators on the Chart:

• The candlestick pattern indicates high volatility.

• Long wicks on certain candles show rejection at higher and lower prices.

• Moving averages (MA5 and MA10) on the lower part suggest a possible short-term bearish trend.

Broader Trends:

• On the longer timescale (e.g., 90 days), Bitcoin has shown a +36.46% gain.

• Despite short-term correction, the medium-term outlook remains positive depending on support levels.

Considerations:

• Support: Closest support lies near $88,124.53.

• Resistance: Near $109,599.

• MACD and RSI can offer deeper insight into momentum, but they aren’t visible in full on this chart.$BTC