Since July, BTC has consistently failed to reclaim the cost basis of the top buyers' supply.
#Support This increases the odds of a retest of the 0.79-quantile cost basis (~$104K) as top buyers capitulate, transferring coins to stronger hands.
A process that often demands time or deeper discounts.
#Support This increases the odds of a retest of the 0.79-quantile cost basis (~$104K) as top buyers capitulate, transferring coins to stronger hands.
A process that often demands time or deeper discounts.
#Support A close below $100,269 triggers a sell signal in Bitcoin (short).
Bitcoin went below its 365-day moving average ($102K), a key technical and psychological support level last broken at the start of the 2022 bear market.
If price fails to reclaim it, data suggest the next #support lies near $72K, the Traders’ minimum realized price band.
If price fails to reclaim it, data suggest the next #support lies near $72K, the Traders’ minimum realized price band.
Bitcoin pierde fuerza y se acerca a su soporte crítico
#Analise #Gráfico #Noticias #bitcoin
PS. #BuyTheDip #Support
via BitcoinyCriptos
#Analise #Gráfico #Noticias #bitcoin
PS. #BuyTheDip #Support
via BitcoinyCriptos