#BTC/USDT ANALYSIS
BTC is still trading above the strong horizontal support in a narrow range. Volume is very low in the market. MACD crossover is losing bearish momentum. Concurrently, the RSI indicator indicates the presence of hidden bullish divergence.
A bounce is expected as long as it sustains its position above the horizontal support. However, it's important to consider the possibility of a sustained breakdown, which could trigger a subsequent downward movement.
BTC is still trading above the strong horizontal support in a narrow range. Volume is very low in the market. MACD crossover is losing bearish momentum. Concurrently, the RSI indicator indicates the presence of hidden bullish divergence.
A bounce is expected as long as it sustains its position above the horizontal support. However, it's important to consider the possibility of a sustained breakdown, which could trigger a subsequent downward movement.
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Currently:☄️
19.5M #BTC (92.7%) are in circulation.
1.5M #BTC (7.3%) are left to mine.
In 1 year:📣
19.7M #BTC (94.0%) will be in circulation.
1.3M #BTC (6.0%) will be left to mine.
In 5 years:📣
20.4M #BTC (97.0%) will be in circulation.
0.6M #BTC (3.0%) will be left to mine.
In 10 years:🔔
20.7M #BTC (98.7%) will be in circulation.
0.3M #BTC (1.3%) will be left to mine.
Zoom out. Hodl.👀
19.5M #BTC (92.7%) are in circulation.
1.5M #BTC (7.3%) are left to mine.
In 1 year:
19.7M #BTC (94.0%) will be in circulation.
1.3M #BTC (6.0%) will be left to mine.
In 5 years:
20.4M #BTC (97.0%) will be in circulation.
0.6M #BTC (3.0%) will be left to mine.
In 10 years:
20.7M #BTC (98.7%) will be in circulation.
0.3M #BTC (1.3%) will be left to mine.
Zoom out. Hodl.
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➡️ Bitcoin retesting 35K levels.
➡️ Bitcoin dominance is below 52% again.
➡️ Altcoins are comparatively holding price, expect a bounce in alts if #BTC ranges here
➡️ Keep eyes on $MATIC, $TIA, $ORDI
➡️ Bitcoin dominance is below 52% again.
➡️ Altcoins are comparatively holding price, expect a bounce in alts if #BTC ranges here
➡️ Keep eyes on $MATIC, $TIA, $ORDI
#BTC is Trading Above $45,000 for the first time in Almost 2 years. Next Target is $48,500 . ❤️🚀🚀🚀