Binance showing the $BTC $/USDT (Bitcoin to Tether) trading pair on the weekly (1w) chart view.
Key Details:
Current Price: 114,920.00 USDT
24h Change: -2.47% (in red, showing a decline)
24h High: 118,223.80 USDT
24h Low: 113,988.47 USDT
24h Volume (BTC): 25,054.79 BTC
24h Volume (USDT): 2.90B USDT
Moving Averages (MA):
MA(7): 112,744.57 (yellow line)
MA(25): 99,183.32 (pink line)
MA(99): 71,404.77 (purple line)
MA(5): 102,484.61 (orange line)
MA(10): 113,660.55 (light purple line)
Chart Observations:
BTC has recently hit a high of 123,218.00 USDT.
The price is still above the 7-day MA (112,744.57), which often indicates a short-term bullish trend, despite the recent correction.
Volumes show spikes at certain intervals, indicating significant trading activity.
The long-term MAs (25, 99) are far below the current price, showing a strong long-term uptrend.
Timeframe & Indicators:
Timeframe: Weekly candles (1w)
Indicators selected: Moving Averages (MA) and Volume (VOL).
Bottom menu shows options like EMA, BOLL, SAR, MACD, etc., but only MA & VOL are active.
Buy/Sell Options:
The Buy and Sell buttons at the bottom indicate the user is in the Spot Trading interface.#MarketPullback #SECProjectCrypto #EthereumTurns10 #ETHCorporateReserves