As whales send $BTC to the exchange, #bitcoin drops. When the purple zone rises, it's either the top has been reached or a sharp correction is coming. But I think we are approaching the end.
Individual investors think that #gold is expensive and sell, while Central Banks think it is cheap and buy. They have purchased 634 tons of gold, but we don't know how much #bitcoin they have bought.
The sharp jumps in the Market Capitulation Oscillator have previously led to short-term corrections or consolidations. The trend is still strong, but the market is operating with leverage; the likelihood of a correction increases.
If #bitcoin does not close above 93,600 this week, it will incur losses in 2025. For the year 2016, 75 thousand will be support, while 107 thousand will be a difficult resistance.
Everyone left the ball in the midfield and went home as we approach the weekly close. Let's see if there will be Monday sales in the new candle, we will monitor it ? #bitcoin
The hourly bitcoin chart is calm. This Monday, the Far East didn't sell; we'll wait for the US side. Be prepared for volatility until Wednesday at 22:00 Turkish time, when the Fed and Powell will announce interest rates.