#CircleIPO 📉 Bitcoin Price Update – Market Sees Volatility 📉

As of the latest market data on Binance, Bitcoin (BTC/USDT) is trading at $101,754.85, marking a decline of 2.81% in the past 24 hours. The 1-hour candlestick chart shows a sharp drop from a recent high of $105,909.71 to a low of $100,372.26, indicating significant intraday volatility. The 7-period moving average (MA) is currently around $101,515.49, while the 25 and 99-period MAs are $103,685.29 and $104,832.80, respectively. This downward trend could be interpreted as a short-term bearish signal.

The volume has spiked during the recent price fall, with 24h volume reaching 23,003.83 BTC, indicating strong selling pressure. Traders should closely monitor support levels near $100,000 and resistance near $103,000. Stay alert, manage your risk, and always trade responsibly.

#Bitcoin #BTC #CryptoMarket #Binance #TechnicalAnalysis #BTCPrice #TradingUpdate