$BTC He's feeling the heat! The chart shows a clear bearish trend, with the price falling below the 20-hour moving average. The relative strength index is also in bearish territory, below 50.
The large red candle indicates a significant sell-off, which brought the price down by 0.9%. The current price is around $69,000, a far cry from the starting point of $69,619.82.
The trend is clear and it does not look good for Bitcoin. Will it continue to plummet or come back? Only time will tell.