$BTC The current BTC price is 93636.73, showing a downtrend. Both the moving average and the exponential moving average are indicating a downtrend and the MACD is also decreasing suggesting a high likelihood of continued bearish trend. However the momentum indicators RSI and Stochastic Oscillator have entered the oversold zone indicating a potential for short term rebound. Nonetheless the ADX remains strong at 35.82 suggesting a strong likelihood of continued downtrend.
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