Good day, September 12, 2024 Let's take a look at the #Bitcoin chart according to the 1-day charts. I was a little unwell today, so I couldn't write earlier, sorry. Bitcoin is currently trading at 57,697 levels. The WMA indicator, which is around 56,596, is also just below the price. This shows that the price has calmed down a bit after a slight upward movement.

RSI: It shows that $BTC is neither overbought nor oversold. In other words, the market seems balanced right now. However, let's not forget that the RSI is below 50, which may be a sign of weakness.

CCI is a little on the negative side. This shows that there is no visible trend, that is, the market is neither overbought nor oversold. It is useful to be cautious.

MFI: It shows that money has exited the market and sellers are a little more dominant.

ROC: It shows that there has been no major price change recently. We can say that we are going through a stable period.

RVI: It tells us that volatility is a bit high. In other words, there may be sudden movements in prices, it is necessary to be careful.

Fear and Greed Index: It is moving at low levels and this generally indicates that fear prevails in the market. Investors may be cautious or anxious.

Chande Momentum Oscillator 2.29:**

Chande Momentum is also close to zero and slightly positive. This shows that the upward momentum is a bit light.

To summarize: There seems to be no clear trend in the Bitcoin market right now, indicators say there may be a slight weakness, but there is no major bearish signal either. The market is balanced, but it is useful to be cautious. Volatility may be high, it is useful to pay attention to instant movements.

The shares are not investment advice. Do not forget to make your own risk assessment. The analysis is valid until the close of the day. I wish you a good day.