$BTC 📉 BTC/USDT BREAKS SHARPLY ON 📉
Bitcoin has seen a -7.86% drop, currently at $94,414.69.
Key technical indicators:
RSI: At 29.91, indicating oversold condition.
MACD: Indicates continuation of downtrend in short term.
Bollinger Bands: Price is approaching lower bound at 94,300.
Current status:
Trading volume: 26.33.
5-day moving average: 40,420.09.
10-day moving average: 40,612.42.
⚠️ Warning: Current trend is down, it is advisable to be cautious when trading and wait for confirmed reversal signals.
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