đ¨ **BTC/USDT Market Update - 23rd October 2024** đ¨
Bitcoin is trading at 66,857.47 USDT, with a 24h high of 67,836.01 USDT and a low of 66,644.18 USDT, down 0.97%. Volume remains strong at 21,967.30 BTC (1.48B USDT).
The short-term MA(7) of 67,845.82 is higher than the MA(25) and MA(99), suggesting bullish potential. However, with the price below MA(7), thereâs some short-term selling pressure. Binanceâs Futures Taker Program update on October 29th could drive increased trading activity and institutional interest.
Short-term, a break above MA(7) might signal a bullish move, but the market remains volatile.
*Disclaimer: Always do your own research before investing.*
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