Forwarded from IT Tech - Subscribers (IT Tech)
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π§ #Bitcoinβs market cap just kissed $2.13 T, but the realized cap sits at $958 B β MVRV β 2.2Γ.
Translation: big profits on-chain, yet weβre nowhere near the euphoric 3.5-4.0 tops of past cycles.
π Are you tracking MVRV & realized cap in your strategy?
https://x.com/IT_Tech_PL/status/1940751901202825496
Translation: big profits on-chain, yet weβre nowhere near the euphoric 3.5-4.0 tops of past cycles.
π Are you tracking MVRV & realized cap in your strategy?
https://x.com/IT_Tech_PL/status/1940751901202825496
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Past 24 h: 61,200 BTC moved onto spot exchanges (+1 067 % vs. yesterday, 24 Γ 7βday avg).
π Meaning:
A wave of coins hitting exchanges usually signals wallets getting ready to sell. ‡οΈ
Full details:
https://x.com/IT_Tech_PL/status/1945061331511472454
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π10 4
The #Bitcoin market is coiling up for a big move.
For 24 hours, we've been trapped in a tight band between $118k and $119k. The pressure is building.
The chart tells a story of a fierce battle:
The Ceiling: Sellers are stacked at $119.1k, rejecting every attempt to move higher.
The Floor: Buyers are holding the line at $118k, but for how long?
A break is imminent. Check key levelsβ¬οΈ
https://x.com/IT_Tech_PL/status/1947926361198211484π±
For 24 hours, we've been trapped in a tight band between $118k and $119k. The pressure is building.
The chart tells a story of a fierce battle:
The Ceiling: Sellers are stacked at $119.1k, rejecting every attempt to move higher.
The Floor: Buyers are holding the line at $118k, but for how long?
A break is imminent. Check key levels
https://x.com/IT_Tech_PL/status/1947926361198211484
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π10 1
#Bitcoin Stuck Under 119k Wall β Bids Hold 118k.
Price keeps fading at 119k while SuperTrend has turned back up from yesterdayβs 117k sweep. Footprint shows steady asks overhead; buyers still defending 118k prints. ‡οΈ
π BTC/USDT β Binance 15 m Footprint & Liquidation Map.
Current price: 118.8k
π Market structure:
β’Local low tagged 117k β V-bounce into 118.9k
β’Multiple sell signals between 119k-119.2k
β’Tight range building 118k-119k; ribbon green but flattening
Liquidation zones:‡οΈ
β https://x.com/it_tech_pl/status/1950120147416457366?s=46
Price keeps fading at 119k while SuperTrend has turned back up from yesterdayβs 117k sweep. Footprint shows steady asks overhead; buyers still defending 118k prints. ‡οΈ
π BTC/USDT β Binance 15 m Footprint & Liquidation Map.
Current price: 118.8k
π Market structure:
β’Local low tagged 117k β V-bounce into 118.9k
β’Multiple sell signals between 119k-119.2k
β’Tight range building 118k-119k; ribbon green but flattening
Liquidation zones:
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π12β€2
#Bitcoin - is it time to buy the dip?
For me - not yet. I am using the simplest strategy in a bull market.‡οΈ
β https://x.com/it_tech_pl/status/1951576238230835663?s=46
For me - not yet. I am using the simplest strategy in a bull market.
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