BTC/USDT Market Analysis & Prediction
Current Price: 82,423 USDT (-2.22%)
Recent Low: 81,936 USDT
Recent High: 85,150 USDT
Market Overview:
Bitcoin has experienced a strong pullback after touching 85,150 USDT, leading to a sharp decline to 81,936 USDT. The price is currently struggling to find support around 82,423 USDT. The downtrend is reflected in multiple moving averages, which are sloping downward, indicating strong selling pressure.
Technical Indicators:
Moving Averages: Short-term (MA5, MA10) are below the long-term (MA30), signaling a bearish trend.
KDJ Indicator: K: 17, D: 24.8, J: 1.
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