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📉 Bitcoin Taking a Beating Right Now
$BTC /USDT just dropped below $59,600 on Gate.io — currently trading around $59,550 (-4.9% in the last 24h).
Quick stats:
24h High: $63,221
24h Low: $59,346
24h Volume: Strong at ~16.17K BTC
Perp also down ~4.8%
The 4H and daily charts both show heavy selling pressure. Multiple moving averages are acting as resistance on the way down, and momentum indicators (MACD) are looking bearish.
Is this healthy profit-taking after the recent run, or are we testing lower supports? 👀
What’s your take — dip buying opportunity or more pain ahead?
#Bitcoin #BTC #Crypto
#TradFiCFDGoldMasters