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The previous cyclical soils matched Supply -in -Loss above 50% so the current reading suggests increasing pressure but not the extreme capitulation seen in previous lows.
You should monitor the nearby support at $65,000 and the resistance at $72,000; recovering $75,000-$80,000 would be necessary to resume a stronger bullish phase.
Heading to the Alsa near $100,000-$115,000
Depending on whether it recovers the zone between $75,000-$80,000
On-chain data shows greater market stress: the supply -in -Loss indicator from CryptoQuant, which measures the proportion of BTC in loss, is approaching 40 _45%. As more coins go into loss, psychological and selling pressure increases, raising the risk of further decline.
Warning of bearish cycles: The Supply -in - Loss of Bitcoin mimics the pre-capitulation of 2022.
Bitcoin price action consolidates around $69,000_$70,000 after correcting from about $90,000 at the beginning of the year; the price action moves sideways with limited liquidity. Short and medium term is weak: BTC trades below the 50 to 100 period moving averages, which are declining and acting as resistance.
If your initial capital is still below 2000 USDT, I suggest you read the following at least three times. At the beginning of the year, I helped my brother start with 1,800 USDT and, in four months, he increased it to 64,000 USDT. No margin calls, no holding losing positions, and no big losses. His success was not due to magical indicators, but to three simple, although traditional, methods that can really save your life. First, diversify the size of your position. Divide your 1800 USDT into three parts:
Martínez suggests buying around $49,330 and taking profit at the channel resistances: $178,478 (CVDD 3.618x) and $273,158 (Alpha CVDD). A move from $49,330 to $178,478 implies approximately a 260% profit, with an additional rise of ~53% to $273,158.
Complications for your portfolio.
At the time of this post, Bitcoin was trading near $67,350, almost flat for the week and down 1% in 24 hours. If you decide to consider this strategy, assess risk management and remember that the methodology respects the Bitcoin standard in on-chain analysis.
Analyst Ali Martínez proposes a buy-and-hold strategy for Bitcoin based on the CVDD channel, an on-chain indicator that tracks the movement of aged capital. The CVDD baseline, historically never breached by the price, marks the primary accumulation zone near $ 49,330.