Analysis of his work $BTC #bitcoin #BTC #MarketDownturn

Price:

• The current price of Bitcoin (BTC) against Tether (USDT) is 60,575.99 USDT.

• The price is down by -1.09%.

2. Volume:

• The 24-hour trading volume of BTC is 30,669.91 BTC.

• The 24-hour trading volume of USDT is 1.86 billion USDT.

3. Chart Analysis:

• The chart shows a bearish trend as the price of Bitcoin has dropped significantly.

• Moving Averages (MA):

• MA60: 60,828.55 USDT

• MA5: 8.04961

• MA10: 11.46910

Based on the chart, the market appears to be currently correcting after the previous price spike.