Binance Square
LIVE
LIVE
ma212
Bullish
--74 views
See original
Bitcoin Rebound Analysis and Future Outlook The End of the BitCoin Correction #Bitcoinalcista Bitcoin has experienced a surprising rebound, indicating a change of context in the short term. We anticipate this movement thanks to short-term signals. The price bounced off the first trading zone around $62,000. Buying pressure intensified, breaking the bearish momentum, especially in the weekly VWAP. The bounce confirmed strength by breaking the VWAP, suggesting a potential V-shaped reversal. Next steps involve confirming strength and seeking new highs. An increase in the trend indicator and the presence of high frequency Bots is observed. Liquidity in the $69,160 area could act as an important operating level. In summary, Bitcoin's bounce signals a positive change in the short term, but it is crucial to keep an eye on price action and market signals to make informed decisions in the volatile cryptocurrency environment. #Bitcoin $BTC #analisibitcoinhoy #bitcointoday #bitcoinhoy

Bitcoin Rebound Analysis and Future Outlook

The End of the BitCoin Correction #Bitcoinalcista

Bitcoin has experienced a surprising rebound, indicating a change of context in the short term. We anticipate this movement thanks to short-term signals.

The price bounced off the first trading zone around $62,000. Buying pressure intensified, breaking the bearish momentum, especially in the weekly VWAP.

The bounce confirmed strength by breaking the VWAP, suggesting a potential V-shaped reversal. Next steps involve confirming strength and seeking new highs. An increase in the trend indicator and the presence of high frequency Bots is observed.

Liquidity in the $69,160 area could act as an important operating level. In summary, Bitcoin's bounce signals a positive change in the short term, but it is crucial to keep an eye on price action and market signals to make informed decisions in the volatile cryptocurrency environment.

#Bitcoin  $BTC #analisibitcoinhoy #bitcointoday #bitcoinhoy

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@MA212

Explore More From Creator

--
Bitcoin Market Analysis - March 21 (Full Article in My Profile) Bitcoin is currently experiencing a decline, reaching one of its most critical operating zones. In this analysis, we'll explore key zones, recent price movements, and vital indicators for informed trading decisions. Bitcoin's Current Status After a bearish movement, Bitcoin found support above the 61.9% level, crucial due to a volume node present. This level is now a pivotal zone for traders. Recent Price Movements and Structural Changes Bitcoin developed an operational structure, which has recently broken as the price lost support. However, buying pressure emerged around the weekly VWAP zone and the old resistance of the structure. Potential Bullish Continuation If the operational structure breaks resistance and consolidates the re-entry, an opportunity to value purchases in a bullish continuation movement could arise. The next target for both re-entry and bullish continuation is the volume node around 72,100 to 52,100. Liquidity and Trading Tools Review Before diving into the tools, we aim to reach 50,000 subscribers. Please consider subscribing if you find this analysis valuable. Trading Dynamics and Liquidity High Frequency Bots: Active during the bearish movement. Bearish Trend Level: Currently at -3. Liquidity Levels Longs:Mainly at 60.68 to 70,750.Significant zones around 69,160.Shorts:Mainly at 64,500.Liquidity at 64,372 and 64,500. Bookmap Analysis Purchasing Volume: Significant at 65,100, 64,500, and 64,200. Multibook: Purchase orders at 60,000, 59,000, 58,000, and 57,000. Conclusion Understanding these market dynamics is crucial for traders. Monitor the support and resistance zones closely, with the next significant target being the volume node around 72,100 to 52,100. Your support in reaching our 50,000 subscriber goal is greatly appreciated! $BTC #BitcoinAnalysis #bitcoinarticle #bitcointoday #bitcoinhoy
--

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs