BTC Price Prediction

Price of BTC has decreased by -8.23% in the past 7d.

🔸 Summary:The price of BTC has decreased by 8.23% over the past 7 days, currently standing at $88,490.50 after a significant drop from a 7-day high of $99,475.00. The trading volume has also decreased dramatically by 98.79% from the 7-day high, indicating a potential correlation between reduced trading activity and the decrease in BTC's market value.

📈 Technicals:

The MACD indicates a potential reversal despite a rising price trend, the RSI shows a bearish outlook with weak momentum, OBV confirms a bearish trend with continued selling pressure, and the expanding Bollinger Bands suggest increased market volatility with a risk of reversal despite a predominantly bullish trend.

#BinancePricePrediction