🔴 $BTC · 1H
Price is $81,464 and $BTC remains below the averages that capped it earlier. $80,684 on the low side and $83,158 on the high side have contained the last three days. Price is down in the lower third of that range. There is only 1.0% between price and support. The 20 crossed below the 50 recently, for only 2 candles, so this leg is still young. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $81,200 and $83,096, sitting near the bottom of it now. Turnover is unremarkable, running 0.8x the recent average. Down 1.7% over 24 hours.
DYOR
$BTC #TechnicalAnalysis
Price is $81,464 and $BTC remains below the averages that capped it earlier. $80,684 on the low side and $83,158 on the high side have contained the last three days. Price is down in the lower third of that range. There is only 1.0% between price and support. The 20 crossed below the 50 recently, for only 2 candles, so this leg is still young. RSI at 38 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $81,200 and $83,096, sitting near the bottom of it now. Turnover is unremarkable, running 0.8x the recent average. Down 1.7% over 24 hours.
DYOR
$BTC #TechnicalAnalysis