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BTCOnChainAnalysis
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Maya_Crypto
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Bearish
#BTC☀ /USDT you shared for October 9, 2024, shows a slight bearish trend, with Bitcoin priced at $62,118, down by 0.39%. #HERE are the key details from the chart: The 24-hour high reached $63,200, while the low dropped to $61,860. The 7-period Moving Average (MA) sits at $62,201, the 25-period MA at $62,342, and the 99-period MA at $62,363, indicating a short-term downward trend as the current price is below all three MAs. #Write2Earn! #moonbix #BTCOnChainAnalysis {spot}(BTCUSDT)
#BTC☀ /USDT you shared for October 9, 2024, shows a slight bearish trend, with Bitcoin priced at $62,118, down by 0.39%.

#HERE are the key details from the chart:

The 24-hour high reached $63,200, while the low dropped to $61,860.

The 7-period Moving Average (MA) sits at $62,201, the 25-period MA at $62,342, and the 99-period MA at $62,363, indicating a short-term downward trend as the current price is below all three MAs.
#Write2Earn! #moonbix #BTCOnChainAnalysis
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