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Attention traders! The BTC/USDT chart shows a concerning bearish trend in the crypto market. Bitcoin price is at 86,658.15 USDT, down 2.95% in the last 24h.
We see dominant red candles, price below key EMAs (EMA25: 86,869.74; EMA99: 87,999.37), RSI dropping to 40.90 (suggesting potential oversold conditions) and MACD showing weakening momentum (DIF: -310.26; DEA: -372.28).
This weakness is spreading to popular altcoins like ETH, SOL, BNB, and XRP, which are following BTC’s downward move with similar pullbacks. Temporary correction or the start of a bigger bear market? Keep an eye on volume and key support levels to avoid losses.
Share your analysis!
#BTC #Altcoins #CryptoBear #BinanceSquare #TradingCrypto
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
We see dominant red candles, price below key EMAs (EMA25: 86,869.74; EMA99: 87,999.37), RSI dropping to 40.90 (suggesting potential oversold conditions) and MACD showing weakening momentum (DIF: -310.26; DEA: -372.28).
This weakness is spreading to popular altcoins like ETH, SOL, BNB, and XRP, which are following BTC’s downward move with similar pullbacks. Temporary correction or the start of a bigger bear market? Keep an eye on volume and key support levels to avoid losses.
Share your analysis!
#BTC #Altcoins #CryptoBear #BinanceSquare #TradingCrypto
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
88,085.18
-0.72%