🎯$BTC /USDT Technical Analysis🎯
📊The Bitcoin price has been on a bearish run, with a recent decline of 3.04%. The 24-hour high and low are $98,871.80 and $93,779.82, respectively. The 24-hour trading volume is 46,890.67 BTC and 4.53B USDT.
The chart shows a clear downtrend, with the price currently trading below the 98.86 level. The RSI is also below the 50 level, indicating a bearish momentum.
📈Long Entry: 93,779.82
📉Short Entry: 98,871.80
🛑Stop Loss: 99,500
Conclusion: The overall trend for Bitcoin is bearish. Traders should be cautious and consider taking short positions.
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