$BTC is trading at 66,144.81, down 1.56% in the last 24 hours.
Moving averages are indicating a downward trend: MA 7 (68,299), MA 25 (78,548), MA 99 (88,236) are all above the price.
Volume is weak: 4,690 BTC, while MA(5) is 21,445 and MA(10) is 41,009.
The order book shows 84.66% pressure from sellers, with only 15.34% buyers.
Bid is tight at 66,144.80 and Ask at 66,144.81.
Correction of -0.31% in 7 days, -29.35% in 30 days, -30.41% in 90 days.
Negative return of 43.79% in 180 days and 31.74% in 1 year.
Price has dropped from 97K to 66K, a clear downtrend is visible.
Momentum is weak, volume is down, and moving averages are also signaling downward.
FII selling and market sentiment is weak, currently no recovery signals are present.
$BTC #Binace #BinancePizzaVN #BinceSquare #bitcoin
Moving averages are indicating a downward trend: MA 7 (68,299), MA 25 (78,548), MA 99 (88,236) are all above the price.
Volume is weak: 4,690 BTC, while MA(5) is 21,445 and MA(10) is 41,009.
The order book shows 84.66% pressure from sellers, with only 15.34% buyers.
Bid is tight at 66,144.80 and Ask at 66,144.81.
Correction of -0.31% in 7 days, -29.35% in 30 days, -30.41% in 90 days.
Negative return of 43.79% in 180 days and 31.74% in 1 year.
Price has dropped from 97K to 66K, a clear downtrend is visible.
Momentum is weak, volume is down, and moving averages are also signaling downward.
FII selling and market sentiment is weak, currently no recovery signals are present.
$BTC #Binace #BinancePizzaVN #BinceSquare #bitcoin