Local support for Bitcoin around 95000, in my opinion, is quite questionable. If we are expecting a continuation of the upward movement, then the price is likely to go to volumes around 93-92000, and from there upwards. Large volumes are located around 89000, but if it falls there, we can already talk about a break in the local upward trend.
Local support for Bitcoin around 95000, in my opinion, is quite questionable. If we are to see a continuation of the upward movement, then the price will likely move towards the volumes at 93-92000, and from there upwards. Large volumes are at around 89000, but if it falls there, we can already talk about breaking the local upward trend. On Wednesday, Trump will speak, and he might say something as usual that will shake the market. On Thursday, important American statistics will be released. On Wednesday-Thursday, I expect price movement $BTC
By the way, over the past year I have significantly reduced the share of altcoins in my portfolio. I mainly buy BTC, ETH
Bitcoin is rapidly moving towards $97,000, breaking through the volume wall that had been holding at $95,000, largely due to yesterday's Bitcoin ETF inflow exceeding $700 million. Next volume levels for Bitcoin are at $97,000–$98,000; above $100,000 is traditionally a psychological level, and naturally, another sales wall will stand there. #btc $BTC
Bitcoin is rapidly moving toward $97,000, breaking through the volume wall that had been holding at $95,000, largely due to yesterday's purchase of over $700 million in Bitcoin ETFs. Next volume levels for Bitcoin are at $97,000–$98,000; above $100,000 is traditionally a psychological level, and naturally, another selling wall will be present there. #btc $BTC
Bitcoin has seen a new reality over the last couple of days - support around 90,000, Ethereum around 3060, although volumes are somewhat lower: initial volumes for Bitcoin around 89,000, and for Ethereum around 3,000. Amid the stock market rally, we are seeing today a local upward impulse; the workweek ends with growth, and the stock market is near historical highs.#btc #eth $BTC