$BTC is currently trading around $87,319, showing a +2.15% increase for the day, which indicates short-term bullish momentum. However, the chart clearly shows strong volatility with sharp upward spikes followed by quick drops.

The price is moving below the MA60 (87,405), which signals that $BTC is struggling to maintain upward strength and may face resistance near that level.

Volume bars show mixed buying and selling pressure, but overall volume remains low compared to previous spikes, indicating that the market is uncertain and not strongly trending.

On a weekly level, performance shows -1.55%, and monthly trend remains negative (-20%+), suggesting $BTC is still in a broader correction phase despite today’s small bounce.

BTC
BTC
85,559.99
-4.56%

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