Bitcoin technical analysis reveals BTC USD in the midst of uncertainty. Where is BTC heading after that? Check the BTC price analysis.
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It has really provided anything to worry over the past weeks, as price analysis appears. If someone tracked Crypto Twitter or looks at their altcoin wallet, it may worry them. This is because Als had a major sale while Bitcoin reconsidated the support level it had held since late November.
The feeling of encryption at levels has not been seen since December 2023 when Bitcoin reached about 38,000 dollars
Act accordingly pic.twitter.com/leftvyPyaf
Quinten | 048.ETH (QINTENFRANCOIS) February 10, 2025
The graph above draws a good picture of the place where the feelings have reached. For an investor who does not look at the diagrams daily, this may be strange. But it is good to reduce, which we will do today.
Here, you can see my previous post on the BTC price. Since then, and The price was generally ranging, not by destruction to less than 91,600-92,000 dollars.
Quentin has truly some useful plans.
New whales buy bitcoin at a very aggressive rate
pic.twitter.com/8dkp8ypumt
Quinten | 048.ETH (QINTENFRANCOIS) February 10, 2025
This shows the growth of the new whales that buy bitcoin, and we are witnessing an increase of 43 %.
Explore: Historical Bitcoin price
Crypto Bitcoin: Don’t tell BTC USD lies …
“When you are in doubt, make it out,” said a wise merchant once. Very wise words!
(BTCUSDT)
While we minimize the 1D graph, looking at our moving averages is good. During the past month, we saw the price touched the MA100 line several times, which works as support. We saw similar procedures in January last year. We can also see that the level of relative strength carries steady support at 41 points.
(BTCUSDT)
We can easily enlarge a rectangle range, which is associated with the price for more than two months so far. The dotted line is the mid -range, which we want to see broken after that.
I followed the latest touch of the support line a lot of purchase, and the price made a candle daily by 12 % – on the king about fluctuation! As interest in bitcoin and more money flows, this volatility is expected to be in the near future.
(BTC/USDT)
And last analysis of the last plans today, I will include the fixed range profile for the duration of the rectangle. The point of attention (red line) at the bottom of the medium term.
This means that merchants have created the largest volume in the specified price field. It can be used as important areas, such as support or resistance levels, or can be large to meet with request blocks.
In conclusion, as the plans showed us, there is nothing to worry about at this time period. The price was widely linked although we witnessed the second largest liquidation event on the date of encryption.
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