The concept of 'supply clusters' or what is known as Supply Clusters.
What are supply clusters and why are they important?
Supply clusters are simply price levels that have seen a significant concentration of buying in the past. In other words, they are the areas where a large number of investors purchased Bitcoin. These areas are considered critical points in the market, as they often represent strong resistance or support levels.
What is happening now?
According to recent data, there are major supply clusters for Bitcoin at the following levels:
1️⃣ $93,000
$96,0002️⃣
3️⃣ $100,000
$106,5004️⃣
5️⃣ $108,000
These levels represent points where the price may face resistance from previous buyers who may decide to sell to take profits.
But if Bitcoin manages to break through these levels, it could be a strong signal to regain momentum towards reaching a new historical peak (ATH).
#Tip:
Do not just look at the numbers, but also watch the price action at these levels.
Is there strong momentum? Are there signs of weakness in the market? These small details make the difference between a successful trader and a random one.
Do you think Bitcoin can break through these levels and reach a new peak?
Share your opinion in the comments
#بيتكوين #تداول_العملات_الرقمية #Binance #إدارة_المخاطر #تحليل_سوق_الكريبتو #استثمار #BTC
