🚨$BTC /USDT Market Analysis🚨
📊Bitcoin (BTC) is currently trading at $94,244.00, down 3.99% in the past 24 hours. The 24-hour high and low are $98,871.80 and $92,600.19, respectively. The 24-hour trading volume is 50,021.38 BTC and 4.81 billion USDT.
💹Technical Analysis
The 5-minute chart shows a recent price increase of +22.47 (+0.02%). However, the overall trend remains bearish, as indicated by the lower lows and lower highs on the daily chart.
Entry and Exit
📈Long Entry: $94,244.00
🔴Long Stop Loss: $92,600.19
📉Short Entry: $98,871.80
🟢Short Stop Loss: $94,244.00
⚠️Conclusion
Bitcoin is currently in a bearish trend, and it is important to exercise caution when trading. It is recommended to use stop-loss orders to protect your investments from potential losses.
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