๐ Technical Analysis of Bitcoin (BTCUSDT)
๐ Last price: 114,202 USDT (+1.25%)
24h high: 114,569
24h low: 112,301
24h volume: 131,591 BTC
Visible indicators on the chart:
1. Bollinger Bands (BOLL 20,2):
Current price (114,202) is located near the low-medium (116,455 โ central average), indicating recent bearish pressure.
The lower band is at 111,183, which acts as immediate key support.
2. Moving Averages:
MA(5): 103,924 โ quite below, showing that the previous rise was rapid.
MA(10): 143,083 โ very high, indicating a strong correction in recent days.