The current price of
$BTC /USDT is $94,292.07, reflecting a decrease of 1.37% over the last 24 hours. The price has fluctuated between a high of $95,758.08 and a low of $93,514.10 during this period.
In the last hour, the price has dropped slightly by $55.09, indicating ongoing selling pressure.
Here's a summary of the longer-term performance:
Today: -0.45%
7 Days: +0.12%
30 Days: +13.56%
90 Days: -5.16%
180 Days: +25.35%
1 Year: +47.49%
These figures suggest that Bitcoin has shown resilience over the past month and year, although it has faced some challenges in the last 90 days.
The order book indicates a predominance of sellers, with 75.91% of orders on the sell side compared to 24.09% on the buy side. This suggests a bearish sentiment in the market at this moment.
Traders should monitor key support levels around $93,500. If the price breaks below this level, it may lead to further declines. Conversely, resistance around $95,000 could provide an obstacle for upward movements.
Overall, the market sentiment appears cautious, and traders may want to stay alert for potential fluctuations and developments in the coming hours.
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