$BTC is currently trading at approximately $92,029 USD, reflecting a daily decline of about 0.73% or -$676 from its previous close of $92,706.
Price Metrics
BTC reached a daily high of $93,133 and low of $91,831, with a market cap exceeding $1.8 trillion and 24-hour volume around $855 million. Year-to-date, it sits below its peak of $126,198 but above the low of $74,437.
The 50-day moving average stands at $98,445, signaling short-term bearish pressure as BTC trades below it, while the 200 day average is $109,020. Stochastic indicators show mixed signals, with 14 day at 84% (overbought territory) and ADX at 41 indicating a moderate downtrend.
Market Outlook
BTC holds above $91,000 amid resistance near $94,150, with traders eyeing potential breaks toward $94,253 or $100,000 influenced by Fed rate expectations. Recent forecasts adjusted lower to $100,000 for 2025 by some analysts, citing volatility from peaks around $126,000 in October.
