šNEUTRAL: $BTC (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57101.00
Market Cap $1127.26B
Change 1h -1.00% | 24h +0.84%
Daily Indicators:
ā¢ RSI: 41 - Neutral š
ā¢ MACD: -876 - Bearish š“
ā¢ EMA: 59885 - Below š“
Analysis:
This BTC/USDT 1-day chart shows cautious optimism. The critical support level of $52,408 seems vital; maintaining above it could drive a rebound. Current price movement suggests a focus on the lower part of the descending channel.
Price Targets:
If the bounce happens, expect a potential rise towards $70,000 to challenge the upper resistance line. On the lower end, falling below $52,408 may trigger further declines.
