Indonesia 7-day reverse repurchase Interest Rate as of May 21

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#BTC# Analysis of BTC/USDT Chart (1 Day) Overview: * BTC is currently trading at 105,480.1 USDT. * It is up 0.74% today. * The 24-hour high was 105,802.0, while the low was 103,882.3. Recent Movements: * Looking at the candlestick charts, we see that BTC has been in a significant uptrend, starting at 92,911.9 on around April 28, and reaching a peak of 111,980.0 around May 23. * After reaching the peak, there has been a significant pullback with many red candles. * Recently, it appears that the price is trying to stabilize or potentially recover, as the current green candle shows. Moving Averages (MAs): * MA5 (Green Line): 104,269.9 * MA10 (Red Line): 104,702.6 * MA30 (Purple Line): 105,671.7 * The current price (105,480.1) is above both MA5 and MA10, which is generally a bullish (bullish) sign in the short term. * The price is relatively close to MA30, suggesting that it is testing the longer-term average. A sustained move above MA30 would be a more significant bullish indicator. * We are observing some "S" (Sell) and "B" (Buy) signals on the chart. The recent "B" signal indicates a potential buy opportunity or a rebound. MACD Indicator (Lower Part): * The MACD line (green) is at -784.8 and the Signal line (red) is at 1,543.4. * The MACD line is currently below the Signal line, which is typically a bearish (bearish) crossover. However, it appears that the MACD line is attempting to trend upwards and close the gap with the Signal line, which could indicate a potential shift in momentum. The bars below the MACD also suggest that bearish momentum is waning. In summary: Bitcoin has entered a correction period after a strong rally. While the MACD is still showing some bearish momentum from the recent decline, the price is currently holding above the short-term moving averages and appears to be trying to find support. The proximity to MA30 and the current green candle suggest that there is potential for further recovery or stabilization. It will be important to keep a close eye on MA30 and MACD crossovers for future moves.

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💬 What price do you plan to sell your Pi Coin for? What is your target selling price for your $PI? 👇 Choose your answer: 🅰️ $1 – $10 🅱️ $10 – $100 🅲 $100 – $1,000 🅳 More than $1,000 #PI##BTC##ETH# PCE data is coming