$BTC why is it falling? analysis using common indicators.

Day:

The red bars on the MACD were decreasing, but STOCHRSI bent down yesterday. Moreover, after a rebound from 58k, it quickly climbed to 85p, although it did not even touch the value zone at 64k. We are rolling along the lower conjuncture.

EMA25 goes under EMA99, this happened the last time in August 2023. So we go into accumulation, with microlongs until the value zone.

A week:

MACD has been showing a correction since the end of April, but STOCHRSI is already 0; in order to fall further, you need to push the price up without confirming volumes.

EMA-25 at 59800. Fixed below the value zone, from 64k I would take shorts (there would be money). The lower market is at 55k.

The glasses still show volumes from 59k to 55k. Will they be collected? Probably not with just one stick.

Bottom line: now we will enter consolidation with false upward exits on the news, BUT the fall will continue, it will be sharp until volumes appear. The end of the week is likely to be low volatility.

There are no special liquidations below 59k yet, so you’ll save up.

#etf #Binance #bitcoin #btc