⚠️UPDATE 🌐 #Bitcoin $BTC ANALYSIS price MOVING ABOVE THE RISING TREND LINE ➡️ indicates a bullish trend↗️🟩📊 Time frame1D
↗️🟩 ▶️SUPPORT $63461.21-60045.63
↗️🟩▶️ forms W LONG- 71000 $
↗️🟩 ▶️Ichimoku Cloud FLAT IS POSSIBLE.
Buying sentiment prevails in the derivatives market. More buy orders are executed by takers.
Long-term holder movements over the past 7 days have been below average. They have a motive to hold on to their coins.
Bitcoin: Exchange Netflow (Total) - All Exchanges - Deposits on exchanges are low compared to the 7-day average. Smaller deposits can be interpreted as lower selling pressure.
Traders with long positions dominate and are willing to pay traders with short positions.
⚠️ Comment
Long#BTCdespite bearish sentiment. The price has been trading in this sideways pattern for a long time and the seller has practically spent all his strength
Altcoins are not reacting to the fall of Bitcoin and may have reached their bottom. An approach to the lower border of the channel may increase confidence in a further fall. 📉🔄