Good day, let's see what is happening with #Bitcoin according to the 1-day charts dated September 17, 2024, the price is currently around $ 58,400. I can say a few things based on the charts and indicators.

WMA: The price is just below the WMA line and very close to it. It would be more accurate to say that it is generally moving horizontally.

RSI: The indicator value is very close to 50. There is neither buying nor selling pressure at the moment.

CCI: When we look at this indicator, there is no clear direction at the moment.

MFI: It is currently at the level of 41 and below 50. This shows that money is not flowing very strongly into the market.

ROC: According to this indicator, there is a small uptrend, but it is not very strong.

RVI: This indicator indicates moderate volatility. There is the potential for sudden movements in BTC.

F&G: According to this indicator, $BTC is in the slight fear zone. We can say that the market is generally cautious.

If we combine the above statements, Bitcoin's price is currently moving sideways, there is no major buying or selling pressure. Indicators are mostly in neutral territory or slightly negative. It may be logical to follow a "wait-and-see" tactic, because there does not seem to be a clear direction in the market. The posts are not investment advice. Do not forget to do your own risk assessment.

Have a nice day.