$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.

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