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By Crypto Australia
#BITCOIN DAILY TF UPDATE :

#BITCOIN going as expected, as it shifted the market structure from bearish to bullish. Price easily reached the Major Resistance Zone, within a week and kinda getting rejection from it. Weekly candle close will be very important to us. Nothing new, if price comes for a pullback, nearby $44,000, so eyes on Weekly closings.
By Crypto Australia
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By Crypto Australia
Only 2️⃣3️⃣ left
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By Crypto Australia
Coinglass: With BTC pullback to $44,000, liquidation volume will reach 3,000,000,000$!
By Crypto Australia
Only 2️⃣1️⃣ left
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By Crypto Australia
Bitcoin open interest hits 22-month high ($12.072 billion)
By Crypto Australia
during market uptrends, spot prices consistently exceed the cost basis of increasing coin supply, indicating profitability. To smooth fluctuations, a 90-day EMA is applied to total Supply in Profit [BTC]. Rising 90-day EMA indicates positive momentum, depicted as a πŸ”΅ oscillator. Positive values signal supply in profit growth over 30 days. Advanced analysis focuses on oscillator magnitude and divergences, especially around cycle extremes. It more in profits now as #BTC Moves above $47,000.
By Crypto Australia
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By Crypto Australia