Overview of $BTC /USDT on Binance for the last 24 hours
Current price: $88,164.01
Maximum in the last 24 hours: $91,667.50
Minimum in the last 24 hours: $84,667.03
Daily change: -3.40%
Trading volume in the last 24 hours: 47,081.93 BTC (4.18 billion USDT)
Market analysis
In the last 24 hours, Bitcoin has shown significant volatility. The price dropped to $84,667.03 but then recovered and reached $91,667.50, after which it corrected again. Currently, $BTC is trading around $88,164, which is 3.40% lower than the previous day's level.
Technical indicators
EMA(7): 88,113.49
EMA(25): 88,785.62
EMA(99): 88,563.11
Overall trend: Short-term decline, but the possibility of recovery remains with support above $88,000.
Conclusion
The market remains volatile, and traders should consider potential further fluctuations. Support around $84,667 is key, while resistance at $91,667 may limit growth in the near term.
