#ShareYourThoughtOnBTC
Based on the chart, Bitcoin (BTC/USDT) is experiencing slight bearish momentum, with the price down 0.19% to 97,754 USDT. The 24-hour range is 97,534 to 98,733 USDT, indicating limited volatility. Moving averages show consolidation near the 5-day MA of 97,705 and below the 20-day MA of 98,085, signaling resistance. Volume is relatively moderate, suggesting indecision among traders.
If BTC breaks above 98,000 USDT, bullish momentum may return. However, failure to hold above 97,500 could result in further downside. Traders should watch for volume spikes and trend confirmations for the next move. Stay cautious and manage risks effectively!
