The current situation of Bitcoin ($BTC ) is taking place in the context of a volatile market and is influenced by global economic factors. On August 10, 2024, the price of Bitcoin fluctuated around $60,546.87, down slightly by 1.44% in the last 24 hours.
👉 Technical analysis and price trends
1. Medium and long-term trend: Bitcoin is currently holding above its 200-day moving average, indicating solid support in the event of a price correction. However, the RSI is neutral between 30-70, indicating no clear signal of a sharp increase or decrease in price in the short term.