Read this;
Here's Bitcoin's (BTC) next update based on technical analysis, tools, indicators, and whale activities:
Current Price: $63,130
1-Day Prediction: Slightly bearish (40% chance)
Target Price: $62,400 (1.15% decrease)
Key Factors:
1. Bullish RSI: 54.2 (above 50, indicating bullish momentum)
2. MACD Crossover: No bearish or bullish divergence
3. Moving Averages: 50-day MA ($61,341) and 200-day MA ($59,191) both sloping up
4. Whale Selling: Moderate selling from whales (>500k USD) in the last hour
5. Technical Indicators: 12 bullish, 8 bearish
Potential Resistance: $64,000, $65,000
Potential Support: $62,000, $61,000
Whale Activity (Last Hour):
- 2 whale sells (>500k USD)
- 1 whale buy (>200k USD)
Market Sentiment: Neutral (50% long, 50% short)
On-Chain Metrics:
- Hash rate: Stable
- Difficulty: Increasing
- Exchange inflows: Stable
Next Move: Likely slightly bearish, targeting $62,400 in the next 24 hours. $BTC đSee Now...
Caution: Cryptocurrency markets are volatile. Always trade responsibly.
