sell
Bitcoin Nears Key Support Level After Recent Losses
The current valuation of Bitcoin stands at $102,182, with slight declines over various periods: 0.40% in the last hour, 1.19% in the past 24 hours, 3.11% over a weak week, and a significant 8.23% decrease over the last month. Its local high was $103,982, with a low of $101,269, and it has recently approached its all-time high of $111,814, which it is now approximately 8.57% below. The trading volume over the past 24 hours amounts to $27.25 billion, and its market capitalization is roughly $2.03 trillion, indicating strong overall market dominance.
Source available for registered users Sign Up Free
AI Analysis
The recent price movements suggest Bitcoin is experiencing a correction phase after approaching its all-time high. The decrease of over 8% in the past month signals some profit-taking and short-term b...
AI Recommendation
Given the current technical setup, it would be prudent to adopt a cautious stance. If you hold positions in Bitcoin, consider setting stop-loss orders slightly below the current support levels to mana...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.