🔻 Bitcoin Falls Back Below $57,000 – What’s Happening? 🔻

After briefly reaching $58K, $BTC has dropped to $56,800. Several key technical indicators suggest weakness in the near term:

🔻RSI at 41: A bearish signal.
🔻Fear & Greed Index at 29: Approaching "Extreme Fear."
🔻SMA & EMA: Positioned above the current price, reinforcing downward pressure.
🔻MACD & AO: Both indicate weak momentum.
🔻ATR: shows increased volatility.

The broader stock market downturn is adding pressure on Bitcoin. However, the crypto market remains dynamic, and quick recoveries are possible, as we saw recently.

Will #Bitcoin attempt another rebound, or are we in for more turbulence? 🌐

#RSI #FearAndGreedIndex #MACD #ATR

TOP GAINERS OF THE WEEK

#ATR #PORK #CLOUD #WINR #CIRX $NOM $OAS $IDEX $ALPH $ZANO $REEF $HNT $VIDT $SAROS $VITE

❤️ THIS POST AND I WILL SHARE NEXT 10X GEM COIN

#ATR HOURLY TIMEFRAME UPDATE (ON DEMAND)

#Artrade is the first marketplace for art Real World Assets (RWA) powered by Solana.

ANY THOUGHTS ON $ATR ?

TOP GAINERS OF THE WEEK

$CVX #BZZ $BIFI #NVIR #BAKE #ATR #RPL $MPLX $DNX $UNI

DAILY GAINERS

$GLM +47.2%
#GOG +24.3%
$LOOM +18.6%
#ATR +14.5%
#BZZ +13.7%
#POWR +13.5%
$MATH +12.8%
$OPSEC +10.9%
$ELF +10.3%
$BNX +9.1%

#dailygainers

TOP TRENDING SEARCHES BY #COINGECKO

$GALA #CAH #ATR #GPU $W $ENA #FYN $CKB $AERO $PENDLE

DAILY GAINERS

#XOR +95.4%
$BB +29.7%
#ATR +21.9%
#AIT +21.7%
#CTX +19.3%
$FITFI +18.4%
$CHZ +15.1%
$INSP +15.0%
$CREAM +13.6%
$TAI +13.5%

#dailygainers

DAILY GAINERS

#BRETT +49.4%
$ETHFI +30.7%
#COQ +26.6%
#ATR +22.8%
$ATA +21.6%
#SNS +21.1%
$IXS +20.2%
$ONG +19.7%
$SSV +19.4%
$EUL +19.3%

#dailygainers

DAILY GAINERS

#ATR +30.1%
#ABT +27.3%
$REZ +26.0%
#BTG +25.1%
$HIFI +21.3%
$CKB +20.8%
$MNDE +20.6%
#OM +20.1%
$STARL +19.7%
$COVAL +19.1%

#dailygainers

DAILY GAINERS

$VITE +32.5%
$PHA +20.9%
#ATR +20.2%
$REI +15.9%
#AKT +12.2%
#HNT +10.9%
#DCR +10.3%
$CVP +9.6%
$SD +8.5%
$VIDT +8.3%

#dailygainers

DAILY GAINERS

#TAI +21.1%
#BAKE +15.2%
#ATR +13.5%
#FAR +13.2%
$OMI +10.5%
$CTK +9.5%
$NTRN +8.8%
$BEFI +8.6%
$STARL +8.5%
$ENS +8.1%

#dailygainers

DAILY GAINERS

#ATR +50.8%
$IDEX +32.3%
$MBOX +14.3%
#GMRX +12.9%
#BLOCK +9.8%
$VIC +9.8%
#GFT +7.8%
$BSW +7.1%
$VIDT +6.0%
$CHESS +5.0%

#dailygainers