Post
thaitraderoficial
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ANALYSIS #BTC – 01/09 $BTC
BTC has shown weakness since the beginning of August, as previously indicated, and in the last week registered strong selling pressure. On a macro level, the trend remains healthy, but the market continues in a correction phase.
The main point of attention is our defense of the 107 range, which was recently tested and respected. If it loses that price, it will seek support at around 100. If the bulls can hold the 107 area, we may see a bounce up to 112–114.
Regardless of the corrections, after this necessary liquidation, BTC needs to regain the 125 range and from there, advance with volume up to 130, completing the first phase of the uptrend.
BTC Dominance = 58%.
$BTC
{spot}(BTCUSDT)
#RedSeptember #BTC #SaylorBTCPurchase
BTC has shown weakness since the beginning of August, as previously indicated, and in the last week registered strong selling pressure. On a macro level, the trend remains healthy, but the market continues in a correction phase.
The main point of attention is our defense of the 107 range, which was recently tested and respected. If it loses that price, it will seek support at around 100. If the bulls can hold the 107 area, we may see a bounce up to 112–114.
Regardless of the corrections, after this necessary liquidation, BTC needs to regain the 125 range and from there, advance with volume up to 130, completing the first phase of the uptrend.
BTC Dominance = 58%.
$BTC
{spot}(BTCUSDT)
#RedSeptember #BTC #SaylorBTCPurchase
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