#BTC# 📊 BTC Today's Market Analysis
Current price: $113,189 💰
24-hour decline: -1.97% 📉
7-day drop: -2.65% 📉
Technical signals 🔍
• The RSI is at 43.9 in the oversold area, indicating a relief in selling pressure.
• The daily super trend indicator shows a bearish signal, resistance level $122,000
• The middle band support of the Bollinger Bands at $116,623 has been breached.
• The MACD negative value is expanding, indicating increased bearish momentum.
Key price level 🎯
Support: $112,460 (close to testing)
Resistance: $114,680, $116,623
Market Dynamics 📰
• The massive sell-off of ancient