- Bitcoin is negotiated around the level of $ 94.9,000.
- The BTC daily trading volume jumped 48.39%.
- The market experienced $ 45.62 million in BTC liquidations.
Cryptographic active ingredients are in an uncertain state with its unclear price movement. Bitcoin, the greatest active, continues to be in a period of consolidation after several recovery attempts. The BTC price is about to recover the $ 100,000 mark, but faced with repeated refusals.
The active price movement has formed a series of stockings and highs because it does not maintain the bullish momentum. In the early hours, BTC reached its peak of $ 95,598 and then visited the lowest daily daily at around $ 93,498.
Intradicate fluctuations have achieved the price of the current level of negotiation. At the time of the press, Bitcoin increased by 0.21%, negotiated in the range of $ 94,948. Therefore, the asset has come into greed area As the index of fear and greed is stable at 60.
In addition, during this period, the market witnessed a 24 hour liquidation $ 45.62 million in Bitcoin. In addition, the daily negotiation volume of the assets increased by 48.39%, reaching 30.87 billion dollars.
Is Bitcoin ready to go up or stumble?
On the four -hour table, Bitcoin brings in a lower control, signaling a short -term trend reversal. The red candlestick formed could keep the active trapped in a consolidation phase. BTC could find its key support at $ 94,461, and other losses would put additional drops down, sending the price to $ 93,000.
Assuming that the price of assets paints a green graph, it generally refers to a bullish signal. A rebound at $ 95,880 could cancel the negative trend and provide a resurgence of demand, probably triggering Bitcoin to recover the $ 100,000 threshold. A prolonged gain could be broken down and try to review his ATH $ 109,114.
The BTC Mobile Mobile Average Convergence Line (MacD) has crossed the signal line, indicating a lower crossover. If he continues to decrease, the asset remains low. In addition, the Chaikin monetary flow indicator (CMF) at 0.09 suggests that money flows into the assets with a slight purchase interest in the market.
In addition, the daily relative force index of Bitcoin (RSI) at 57.14 falls into the neutral to Haussier areareflecting a slight bullish impulse. In particular, the Bull Bear Power (BBP) value of 749.76 shows a strong bias bias because buyers control the market.
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