BTC/USDT Market Update – 24 May 2025🙃

Bitcoin is currently trading at $108,391.50, showing a 2.47% drop in the last 24 hours. Despite the short-term dip, BTC has had a strong run with:

24H High: $111,381.61

24H Low: $106,800.00

24H Volume: 31.2K BTC / $3.4B USDT

Key technical indicators:

MA(7): $107,989.71

MA(25): $102,325.10

MA(99): $90,896.26

From a technical standpoint, the price is still above all major moving averages, suggesting the long-term trend remains bullish. Volume remains solid, with the last 30 days showing +15.45% in price gain.

Order Book Sentiment:

Buy Orders: 63.41%

Sell Orders: 36.59%

This could be a healthy correction before the next move. Keep an eye on the $106.8K support zone and $111K resistance.

What’s your BTC strategy right now — buying the dip, holding, or booking profits? Let’s discuss!

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