$BTC is down – what’s next? 📉
Bitcoin is currently at $61,375, down -3.10% today.
Key numbers from the chart:
· 24h High: $63,506
· 24h Low: $60,780
· 7-day change: -8.86%
· 30-day change: -24.48%
Moving averages show:
· MA(7): $61,405
· MA(25): $61,703
· MA(99): $62,676
Price is trading below all three moving averages – that’s a bearish sign.
My simple take:
Bitcoin has been falling for the last month.
We are near the 24h low of $60,780.
If that breaks, we could go lower.
If it holds, maybe a small bounce.
What do you think?
Is this a good time to buy, or will Bitcoin drop more? 👇
Watching $BTC on $USDT pair right now.
Bitcoin is currently at $61,375, down -3.10% today.
Key numbers from the chart:
· 24h High: $63,506
· 24h Low: $60,780
· 7-day change: -8.86%
· 30-day change: -24.48%
Moving averages show:
· MA(7): $61,405
· MA(25): $61,703
· MA(99): $62,676
Price is trading below all three moving averages – that’s a bearish sign.
My simple take:
Bitcoin has been falling for the last month.
We are near the 24h low of $60,780.
If that breaks, we could go lower.
If it holds, maybe a small bounce.
What do you think?
Is this a good time to buy, or will Bitcoin drop more? 👇
Watching $BTC on $USDT pair right now.