85.5k is the level to hold. So far, there's only been a fakeout to the downside of the 0.786 Fibonacci retracement level We need to wait for the downtrend to break with a HH or a HL 👀 $BTC 1D
The Coinbase premium has returned, but the order book delta, with a depth of up to 10%, is negative The absorption of selling pressure needs to continue for the rally to be sustainable $BTC
Bitcoin is trading between the VAL at 92.5k and the HVN at 84.2k, simultaneously filling the volume gap in this area Let's keep it simple: bullish above VAL and bearish below HVN $BTC 1D
Bitcoin's dominance yesterday confirmed a bullish candle on the daily chart and is hinting that it could be heading towards the resistance at 60.66% Caution is advised with altcoins if Bitcoin pulls back $BTC.D 1D
Bitcoin is a currency of fear. You own $BTC because you're firghtened of your security in your country. You own Bitcoin because you're firghtened of the debasement of your currency - Larry Fink, $BLK BlackRock CEO