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BTCDOMUSDT
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-0.66%
BTC
88,149.72
+0.19%
0
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Iam_shahzad
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BTC is eyeing a move toward 93,800 and 99,000 this month. Hopefully you all catch that swing. If we drop below 88,200, then 86,300 becomes the area of interest. I’ll keep you updated — but 99,000 still looks likely.#BTC
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Trend is always your friend For more than two years, market structure has reflected sustained upward pressure driven by major liquidity providers. Current price action, however, shows a clear shift, with the same participants now exerting downward pressure. Recognizing the prevailing trend is essential, as ignoring it can lead to misaligned expectations. In technical analysis, aligning with the dominant trend is generally considered a core principle. $BTC
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Bitcoin ($BTC ) generally exhibits suppressed weekend volume due to the absence of the primary liquidity providers. Institutional participants—funds, proprietary trading desks, market-making firms, and other large-order flow sources—conduct the majority of their activity during weekdays when traditional markets are operational and liquidity is deepest. Consequently, weekend order books tend to show: thinner liquidity across levels minimal institutional or algorithmic flow reduced market-maker presence and wider spreads #USJobsData $BTC
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$BTC got rejected from the zone $BTC
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Bitcoin $BTC appears to be showing signs of weakness this month. If the current monthly candle closes as it is, the market could face further downward movement, with only brief, limited relief bounces along the way.
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