As of December 31, 2024, Bitcoin (BTC) is trading at approximately $92,606, reflecting a slight decline of about 0.9% over the past 24 hours.
Technical analysis indicates a neutral outlook for BTC/USDT. The Relative Strength Index (RSI) stands at 49.84%, suggesting neither overbought nor oversold conditions. The Moving Average Convergence Divergence (MACD) oscillator is at -4,403.13, indicating a bearish momentum. Additionally, the 20-day moving average is $98,556.54, with Bitcoin trading below this level, which may signal a bearish trend.