Bitcoin has seen a new reality over the last couple of days - support around 90,000, Ethereum around 3060, although volumes are somewhat lower: initial volumes for Bitcoin around 89,000, and for Ethereum around 3,000. Amid the stock market rally, we are seeing today a local upward impulse; the workweek ends with growth, and the stock market is near historical highs.#btc #eth $BTC
Bitcoin has seen a new reality over the last couple of days - support around 90,000, Ethereum around 3060, although volumes are somewhat lower: initial volumes for Bitcoin around 89,000, and for Ethereum around 3,000. Amid the stock market rally, we are seeing today a local upward impulse; the working week ends with growth, and the stock market is near historical highs. #btc $BTC #eth
Bitcoin has seen a new reality over the last couple of days - support around 90,000, and Ethereum around 3060, although volumes are somewhat lower: initial volumes for Bitcoin around 89,000, and for Ethereum around 3,000. Amid the stock market rally, we are seeing a local upward impulse today; the working week ends with growth, and the stock market is near historical highs. $BTC #BTC
We are observing a local correction of the local trend, sorry for the tautology🙂. Despite the fact that S&P today updated its historical high. Probably the price is moving down on volumes located at 90,000, 89, 88, 87, and the largest at 86,000. I think it won't go below 86,000, since 85,000 is a historically strong support/resistance level. And further, if the stock market continues to grow, cryptocurrencies will follow.##BTC $BTC
On Wednesday, Thursday, and Friday we are expecting a portion of important American statistics, and this news background can be used as a reason to swing the market in both directions, to shake out those who bought in the range of 87-91,000. And then there is likely to be a movement towards volumes in the area of 97-98,000. #btc $BTC
On Wednesday, Thursday, and Friday, we await a portion of important American statistics, and this news background could be used as a reason to move the market in both directions, to shake out those who bought in the range of 87-91,000. Then, likely a move towards volumes around 97-98,000. #BTC $BTC
Bitcoin will not rise without a fall, as it is necessary to take out the long positions from the market. Moreover, the nearest stop-losses on the liquidation map are at the level of 89,000, which is the first target. Below, liquidations are at 86,000, and the area of 85,000 is a repeatedly confirmed level of support/resistance. Below 85,000, in my opinion, the price will not go. After testing the lows, it will go to 95-97,000. 94,600 is the first target based on price action.#BTC $BTC