📉SHORT: $BTC  (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $55193.00
Market Cap $1089.73B
Change 1h -1.00% | 24h -6.49%

Daily Indicators:
•  RSI: 25 - Oversold 🔴
•  MACD: -2187 - Bearish 🔴
•  EMA: 63056 - Below 🔴

Analysis: The Bitcoin chart shows a crucial support level, as well as an ascending trendline, has been broken. This indicates a bearish momentum taking over. The coin, which is currently trading around $54,200 seems poised for further decline.

Price Targets: Given the broken supports, the next potential bearish target lies around $47,000. If this bearish momentum continues, we could see a price plunge to around $47,000. Keep a close watch on those levels!
#BTC #BTCUSDT #BTC #Bitcoin