📉 Bitcoin taking a hit today…$BTC
BTC/USDT is currently trading at $64,006 after dropping -4.71% in the last 24 hours.
The market is clearly in a downtrend, breaking below multiple EMAs. We’ve seen strong selling pressure, with price now sitting near the 24h low of $61,383.
Bulls are trying to defend this level, but momentum remains bearish for now.
What are your thoughts? Is this a healthy correction or the start of something deeper? 👀