Sentiment: Neutral
Bitcoin is currently trading at $115,687, showing a slight 24-hour decline of 1.1% amid moderate volatility. The RSI reading of 43.7 indicates neither overbought nor oversold conditions, suggesting room for movement in either direction. Price is trading slightly below both the 20-day SMA ($115,752) and 50-day SMA ($115,835), indicating potential short-term bearish pressure. However, the proximity to these key moving averages suggests consolidation rather than a strong directional move. Volume remains healthy at $568 million, providing adequate liquidity. Traders should watch for a break above $116,000 for bullish continuation or a drop below $115,000 for further downside. Consider scaling into positions with tight stops given the current indecision in the market.
Key Metrics
| Price | 115687.2100 USDT |
| 24h Change | -0.01% |
| 24h Volume | 568377068.59 |
| RSI(14) | 43.72 |
| SMA20 / SMA50 | 115751.60 / 115835.22 |
| Daily Volatility | 1.05% |
Bitcoin — 1h candles, 7D window (SMA20/SMA50, RSI).
