$BTC Signal

Bitcoin (BTC) is currently experiencing a slight downturn, with the price at **$62,485.11**, reflecting a **1.07%** decrease in the last 24 hours. The 24-hour high and low have been **$63,559.90** and **$62,429.16**, respectively. Key technical indicators suggest further downside risk, as seen in the **MACD** chart showing a bearish crossover, with the DIF line at **-134.31** and the DEA at **-90.97**, leading to a negative MACD of **-43.34**. The market has displayed a series of red candlesticks on the hourly chart, confirming the short-term bearish momentum. However, BTC remains strong on a broader timeframe, up **4.52%** over the past 7 days and **134.97%** over the past year, indicating strong long-term growth.

#BTC #BTCPRICE #Binance #Crypto #Write2Earn!

#BTC , unless something changes drastically, $49,000 could have been the high. It is important. Historically, #Bitcoin will fall before the first halving of#BitcoinHalvingEvent- 48%, 40%, 48%, and now the halving is a few months away. I'm going with a summer low of $28.8k as my primary target for wick action, but 34k, 32k, 30k isn't for #Leverage so that's not a lot of difference for me in the long term. A little time has passed since my last post, but nothing has changed. We are on the right path. 

#BTC/Update #BTCPRICE #BTC