Bitcoin (BTC) is trading at approximately $83,988 on Binance, reflecting a slight decrease of 0.159% from the previous close. The day's trading range has seen a high of $84,491 and a low of $83,693.
Over the past 24 hours, the cryptocurrency market has experienced significant activity, with liquidations totaling $116 million. Notably, Bitcoin accounted for $11.11 million of these liquidations, indicating a period of heightened market volatility. Binance
Technical analysts have observed that Bitcoin continues to form a downtrend after breaking its bullish structure on the weekly timeframe. Projections suggest a potential short-term price squeeze to the $86,000–$89,000 range, followed by a possible decline toward the $75,000 level.
Bitcoin (BTC)
$83,988.00
-$134.00(-0.16%)Today
Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. It's essential to conduct thorough research and consider your financial situation before making any investment decisions.