The current price is approximately $86,672 (, having decreased by about 4.95% in the last 24 hours ). The overall sentiment indicates strong selling based on multiple technical indicators such as moving averages, MACD, and RSI which indicate an oversold condition 15.430(. The daily trading range was wide between $85,728 and $92,000. The news talks about a sharp and sudden drop in the cryptocurrency markets at the beginning of December, which led to a collective liquidation. Summary: The technical trend is currently bearish, and the coin is in an oversold area )Oversold(.)#ShowMyAlphaPoints #BitcoinPriceWatch #DecemberMarketOutlook #CryptoMarketWatch
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$BTC 📉 Analysis of Bitcoin (BTC) for today
The current price is approximately $86,672 (, having decreased by about 4.95% in the last 24 hours ).
The overall sentiment indicates strong selling based on multiple technical indicators such as moving averages, MACD, and RSI which indicate an oversold condition 15.430(.
The daily trading range was wide between $85,728 and $92,000.
The news talks about a sharp and sudden drop in the cryptocurrency markets at the beginning of December, which led to a collective liquidation.
Summary: The technical trend is currently bearish, and the coin is in an oversold area )Oversold(.)#ShowMyAlphaPoints #BitcoinPriceWatch #DecemberMarketOutlook #CryptoMarketWatch