Bitcoin is currently trading at $96,688, with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion. The cryptocurrency is experiencing an intraday range between $94,805 and $99,262. Technical indicators suggest a period of consolidation with a bearish bias, reflected in a continued downtrend.
The daily chart indicates that Bitcoin is forming lower highs and lows, signaling potential consolidation. As bulls and bears compete for control, there's a looming threat of a massive sell-off. Market participants are closely watching the trend to determine the next significant move for Bitcoin.
Nguồn: news.bitcoin.com ↗