$BTC 🚨 BITCOIN 4H: Consolidation after the "SHOCK". What to expect from the European session? 📊
Bitcoin closes the day trapped in a key range ($77,000 - $78,000) after experiencing a perfect technical rejection at our resistance moving average, validated by an algorithmic "SHOCK" tag due to selling pressure.
1. Price Action and Volume (4H): After the bullish momentum driven by global risk appetite (Nvidia gains), volume has dramatically decreased in the last two candlesticks. The short-term Order Flow shows a slight selling dominance (14.74), indicating a lack of buying liquidity to break the $78k today.
2. Institutional Fundamental Context:
It's no coincidence that volume has dropped. This week we witnessed nearly $1,000M in net outflows from ETFs. Adding to this is the macro caution: models on the fiscal liquidity injection for Q3 (income cap of $80k-$100k for stimulus) pose the risk of sticky inflation, delaying the much-anticipated FED rate cuts.
💡 Short-term Forecast:
During the current Asian session, we will see lateral compression. The real action will occur with the London opening (1:00 AM UTC-6). If there is no fundamental catalyst, a test of liquidity towards the support at $76,600 before attempting a new bullish attack is likely.
Risk management above all. Do you have your buy orders at support or are you trading the range? 👇
#BinanceSquare #Bitcoin #Analisis4H #TradingInstitucional #CryptoMacro
Bitcoin closes the day trapped in a key range ($77,000 - $78,000) after experiencing a perfect technical rejection at our resistance moving average, validated by an algorithmic "SHOCK" tag due to selling pressure.
1. Price Action and Volume (4H): After the bullish momentum driven by global risk appetite (Nvidia gains), volume has dramatically decreased in the last two candlesticks. The short-term Order Flow shows a slight selling dominance (14.74), indicating a lack of buying liquidity to break the $78k today.
2. Institutional Fundamental Context:
It's no coincidence that volume has dropped. This week we witnessed nearly $1,000M in net outflows from ETFs. Adding to this is the macro caution: models on the fiscal liquidity injection for Q3 (income cap of $80k-$100k for stimulus) pose the risk of sticky inflation, delaying the much-anticipated FED rate cuts.
💡 Short-term Forecast:
During the current Asian session, we will see lateral compression. The real action will occur with the London opening (1:00 AM UTC-6). If there is no fundamental catalyst, a test of liquidity towards the support at $76,600 before attempting a new bullish attack is likely.
Risk management above all. Do you have your buy orders at support or are you trading the range? 👇
#BinanceSquare #Bitcoin #Analisis4H #TradingInstitucional #CryptoMacro