BTC Market Analysis🚩
Yesterday, BTC (Bitcoin) experienced significant fluctuations on the daily chart, dropping from a high of about 98250 to a low of approximately 94400, with a final closing price near 95850. The key support level below is around 94000, with a stronger bottom potentially seen near MA30, where buying on dips could be considered. On the technical front, MACD indicates an increase in bearish strength.
On the four-hour chart, the price shows a volatile trend, with support referencing MA120 below and resistance at MA30 above. Meanwhile, MACD also indicates an increase in bearish momentum.
