$BTC /USDT

The recent 4-hour chart displays significant market volatility. The asset's price experienced a sharp drop from 71,997.02 to a low of 66,051.00. The moving averages (MA) indicate a bearish trend, with MA(7) at 67,322.84, MA(25) at 68,884.73, and MA(99) at 68,988.62. A subsequent recovery is seen with the price stabilizing around 67,369.93. The volume spiked dramatically, reaching 2,704.26 units during the initial drop, indicating high trading activity. Despite the volatility, the asset is showing signs of consolidation. Traders should watch for potential support or resistance levels around the recent low and moving averages.

#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21