#BTC/USDT ANALYSIS
Bitcoin continues to trade below the pivotal $100k level, signaling a struggle to reclaim this psychological barrier.
The overall price action indicates a downward trend, but the 50MA is providing significant support, highlighting the presence of bullish strength beneath the surface.
This support level serves as a key indicator of potential recovery, as buyers seem to be defending it actively.
However, the broader trend remains uncertain, with Bitcoin needing to regain upward momentum to shift sentiment in its favor.
