🚀 #BTC heatmap represents a colorful chart that visually reflects the lively and dynamic nature of the crypto market. Bright colors emphasize warm areas, and cool colors highlight areas of little interest.
✅ We can see how the density of the region, which was around $27000, turns into a low density area when the price falls below this level and violates it.
✅ We can observe the density at $26600, although not as much as at this level. Likewise, we see the density just above $28000.
🟢 Moreover, the crypto market has entered a period with the lowest money inflow since the 4th quarter of 2020. So new investors are no longer coming to the markets.
🟢 In this case, those who still manage to be here and increase their investments despite all the negativities will be the shining stars of the next bull period.
If there's blood on the streets, it's time to take action. -Warren Buffett
🚀 #BTC continues to be priced in the $68,000 region
⭐️ Bitcoin followed a horizontal course for three days after the sharp decline it experienced towards the end of last week. However, with the start of the new week, it lost this stable image and turned the market structure into a negative one. We have previously reminded of the liquidities in the lower region
✔️ The $68,000 region stands out as the level where declines are first encountered. There were pullbacks to the $66,000 level and we observe that this region is a strong support. The break of this area may initiate a movement towards the $62,000 leve
✔️ The target for the reaction increases that will occur after these declines will be to reach the $70,000 level agai
✔️ Edu Coin aims to provide secure, accessible and innovative solutions using blockchain technology to accelerate digital transformation in education. The project draws attention with a strong team, strategic partnerships and broad market potential. I added to my basket at $ 1
✅ The current price seems to be close to the resistance point. The $ 0.74 level appears as resistance. Exceeding this level may accelerate the ris
✅ If we examine it in the medium-long term, the outlook will continue positive as long as it remains above the $ 0.64 - $ 0.61 area. The breakdown of this area may lead to a pullback to $ 0.5 level
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✔️ Bitcoin has shown a rapid rise recently and is trading around $34000, well above the $30000 level. This rise, which started in October, maintains its momentum.
🔸However, there is always the possibility of retreats after this rapid rise. Therefore, support levels are quite important. The nearest support levels are located around $32620 and $31000. Below these is the psychologically important $30000 support.
🔹On the other hand, it was observed to fill the CME gap between $34455 and $35180. However, this gap is likely to act as a resistance level. Therefore, the target would be to break above the $35180 level.