📊 Forecast according to schedule $BTC 📊
This chart shows that the BTC price is in consolidation in the range between the support level 65919.50 and the resistance level 71222.87. The price bounced off support earlier but failed to break above resistance, creating some uncertainty in the market.
🔍 Technical analysis:
Support: 65919.50
Resistance: 71222.87
Indicator:
MA (7, 25, 99, 9): MA (moving average) readings indicate a slight upward trend, but with possible fluctuations.
SAR: The parabolic SAR indicator shows the current level at 71222.87, which is close to the current resistance level.
Volumes: There is a slight increase in trading volumes, which may indicate that traders are becoming more active.
Forecast:
Inflow and outflow of “smart money”: Based on current data, it can be assumed that a significant part of investors are still waiting for the trend to be confirmed. If the resistance level 71222.87 is broken, further growth can be expected.
On-chain analysis:
Number of active addresses: Steady growth of active addresses indicates high involvement of network participants.
New addresses: An increase in new addresses may indicate the attraction of new investors.
Transaction Volume: An increase in transaction volume may indicate increased interest in BTC.
Netflows: Positive netflows indicate an influx of capital into the network.
Net flow of large holders: Large holders (more than 0.1% of working capital) continue to increase their positions, which is a positive signal.
Exchange Reserve: Declining reserves on exchanges may indicate long-term expectations of price growth.
Taker Buy/Sell Ratio: The level of buys prevails over sells, which supports the bullish trend.
Liquidity level: A high level of liquidity indicates a healthy market.
Addresses ARE GETTING PROFIT: A significant number of addresses in profit indicates positive price dynamics.
Profitable, break-even, unprofitable addresses: The balance of addresses in varying degrees of financial success indicates the diversity of participants' strategies.
Inflows and outflows of smart money: Smart money continues to enter the market, which confirms the confidence of investors.
Network participation indicators: A high level of network participation confirms the activity of users.
Number of staking nodes: An increase in the number of staking nodes indicates a high level of trust in the network.
Token Distribution: Analysis of token distribution shows that the majority is in the hands of long-term holders.
Developer Activity: High developer activity indicates continued improvement of the network.
Social Activity and Acceptance: The increase in social activity confirms the growing acceptance of BTC in society.
📈 It is expected that if the resistance level is broken, the BTC price may rush to new highs. If the support level is broken, a short-term correction to the next significant support level is possible.
💡 Continue to monitor market signals and manage your risks by investing only what you are willing to lose. 📉📈
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💬 Conclusion:
BTC continues to show high activity and interest from investors. Technical indicators and on-chain data indicate possible growth if key levels are broken. However, you should take into account market risks and be prepared for possible fluctuations.
🔴🔴🔴 #cryptousdua
