Wonder Princess
16 Following
4 Followers
8 Liked
2 Shared
Posts
Quotes
See original
Analysis of Bitcoin price trend in the next 24 hours
#BTCOutlook
Chart analysis and indicators:
1. Current price level: The price of BTC/USDT is at 97,386.45, with a 24-hour trading range from 92,520.00 to 97,741.88. The price has risen sharply near the highest level in the past 24 hours.
2. Trading volume (Vol): Trading volume has gradually increased in recent candles, especially during the strong rise. This shows strong buying force and active market participation.
Chart analysis and indicators:
1. Current price level: The price of BTC/USDT is at 97,386.45, with a 24-hour trading range from 92,520.00 to 97,741.88. The price has risen sharply near the highest level in the past 24 hours.
2. Trading volume (Vol): Trading volume has gradually increased in recent candles, especially during the strong rise. This shows strong buying force and active market participation.
See original
Analysis of Bitcoin price volatility trends in the next 24 hours
<t-28/>
#BTCOutlook #BTC
Technical trend analysis
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7), indicating that selling pressure remains dominant in the short term.
MA(25) and MA(99) (pink and purple lines): The overall trend is leaning bearish as the price remains below both long-term moving averages, reflecting negative market sentiment.
2. Trading volume (Volume):
#BTCOutlook #BTC
Technical trend analysis
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7), indicating that selling pressure remains dominant in the short term.
MA(25) and MA(99) (pink and purple lines): The overall trend is leaning bearish as the price remains below both long-term moving averages, reflecting negative market sentiment.
2. Trading volume (Volume):
See original
BTC Price Trend in the Next 24 Hours
#BTCOutlook #BTC
Based on the BTC/USDT price chart, here is the assessment of Bitcoin's price trend for the next day:
Technical analysis of Bitcoin price trends
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7) line, indicating that selling pressure is still dominant.
MA(25) and MA(99) (pink and purple lines): The overall trend in the short-term and medium-term timeframe shows weakness as the price is below the long-term MA lines.
Based on the BTC/USDT price chart, here is the assessment of Bitcoin's price trend for the next day:
Technical analysis of Bitcoin price trends
1. Moving Average (MA):
MA(7) (gold line): The current price is fluctuating below the MA(7) line, indicating that selling pressure is still dominant.
MA(25) and MA(99) (pink and purple lines): The overall trend in the short-term and medium-term timeframe shows weakness as the price is below the long-term MA lines.
See original
Some reasons for the decline in BTC price over the past 2 days
#BTCOutlook #BTC
In the past two days, the price of Bitcoin has experienced a sharp decline, raising concerns in the cryptocurrency investment community. Below are some key reasons for this decline:
1. Statement from the Federal Reserve: On December 18, 2024, Fed Chairman Jerome Powell stated that the agency is not allowed to own Bitcoin and has no intention of changing the law to do so. This statement has lowered investors' expectations that the Fed will accumulate Bitcoin, leading to negative sentiment in the market.
In the past two days, the price of Bitcoin has experienced a sharp decline, raising concerns in the cryptocurrency investment community. Below are some key reasons for this decline:
1. Statement from the Federal Reserve: On December 18, 2024, Fed Chairman Jerome Powell stated that the agency is not allowed to own Bitcoin and has no intention of changing the law to do so. This statement has lowered investors' expectations that the Fed will accumulate Bitcoin, leading to negative sentiment in the market.
Login to explore more contents