Here are the latest updates on BTC movement: recent analyses suggested a continuation of the decline, but the chart shows a completely different picture. On lower timeframes, Bitcoin has broken out of the formed pattern on very impressive trading volume. According to current data, BTC is trading at $65.84K, down 2.40% over the last 24 hours with a daily trading volume of $962.63M.
Investors who believe in a market recovery continue to actively accumulate positions during the correction. However, there is a slowdown in this trend — buying volumes are beginning to decrease, which may indicate a weakening of interest at current price levels. This moment is critical for determining BTC’s next direction, as a reduction in buying pressure could lead to a resumption of the downward trend.
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Here are the latest updates on BTC movement: recent analyses suggested a continuation of the decline, but the chart shows a completely different picture. On lower timeframes, Bitcoin has broken out of the formed pattern on very impressive trading volume. According to current data, BTC is trading at $65.84K, down 2.40% over the last 24 hours with a daily trading volume of $962.63M.
Investors who believe in a market recovery continue to actively accumulate positions during the correction. However, there is a slowdown in this trend — buying volumes are beginning to decrease, which may indicate a weakening of interest at current price levels. This moment is critical for determining BTC’s next direction, as a reduction in buying pressure could lead to a resumption of the downward trend.