🇺🇸The Gross Domestic Product (GDP) of the USA was announce | Clementine12 on Binance Square

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🇺🇸The Gross Domestic Product (GDP) of the USA was announced as 3.1%.  • Expectation: 2.8%  
• Previous: 3%
🇺🇸 US Jobless Claims were announced as 220K. 
•Expectation: 229K •Previous: 242K
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🚨 In the past 24 hours, $1.05 billion worth of liquidations occurred in futures trading. • Long positions accounted for 86% of these ($910 million). $BTC

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🚨 #SEC filed Franklin Templeton's Bitcoin and Ethereum Crypto Index ETF application.

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🚨Reminder: 🇺🇸 The Gross Domestic Product (#GDP) will be announced today •Expectation: 2.8% •Previous: 3% $BTC

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$BTC 1h Long / Short Ratio

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This is a candlestick chart for the $BTC from Binance, showing Bitcoin's price movements on a 4-hour timeframe. Key elements to analyze: 1. Fibonacci Levels: Fibonacci retracement levels (0.618, 0.5, 0.705, etc.) are drawn, suggesting potential areas of support and resistance. Key levels: 0.5: Around 97,328 USDT. 0.618: Around 98,923 USDT. 0.705: Around 100,099 USDT. These levels often act as price pullback zones before continuing the trend. 2. Current Price: At the time of the snapshot, Bitcoin is trading at 101,663.94 USDT. 3. Resistance Levels: 104,088 USDT is marked as a potential resistance level with a red downward arrow, indicating a price rejection or potential pullback from this point. 4. Trend: The chart shows an upward trend leading to a local high at 104,088 USDT, followed by a retracement. If the price respects the Fibonacci retracement levels, a rebound might occur, or a continuation downwards is possible if these levels break. 5. Volume and Sentiment: No volume data is visible on the chart, but observing how candles interact with Fibonacci levels can give insights into buyer/seller dominance. This analysis suggests keeping an eye on the Fibonacci levels for support and monitoring 104,088 USDT as key resistance.

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