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💡Bitcoin has lost all gains over the last 2 weeks. The price has returned to the 66K zone.
🔍 The price is breaking the upward trend and is trading below its 20 and 50 MA. The MACD indicator is also negative.

🌐 Institutional money flows into ETF funds have slightly increased, but it cannot be said that there is a full return of demand.

📊 The price is trading in a range, but if it loses support at 63K, it is likely to test the psychological level of 60K.

⛓️ On-chain metrics still look good, exchange balances are at their lows, and the weakness is a low level of open interest in derivatives, indicating a local risk-off sentiment in the market among speculators.
💰 I am buying more Bitcoin over the past week as part of my DCA portfolio.

#BTC #DCA

Bitcoin - under pressure while below 67,800

The price is below its 20 and 50 MA, MACD is positive, OI is not decreasing, indicating continued selling, a technical pullback to resistance is likely, but after that, the likelihood of a decline remains high.

Key support at 65,000, if lost, the price will move towards 63,000.

An alternative scenario - breaking through the 67,800 zone could send the price towards 70,000. #BTC $BTC

Today in the crypto market, there is an important event — the quarterly expiration for BTC. In short: today a large volume of options (approximately $18.6 billion) and futures are expiring. On such days, the market almost always moves, but the key point is that this happens not during the expiration but after it.

Before the expiration, the price is often held steady, and after — hedges are removed. If there is not enough demand, the market can easily move down. A lot of longs — this is fuel for downward movement as well.

This does not mean that a decline is inevitable, but the probability of a sharp movement increases. If the rise does not continue — usually a pullback follows.
I think, as usual, the beginning of the movement will be at the end of Friday and will continue over the weekend, as there will likely be new information dumps from "the peace dove".

#BTC $BTC

Bitcoin - under pressure while below $69150.

The price is trading below its 20 and 50 MA, MACD is negative, near the support zone of $67000, likely to see a rebound to the zone of $69150, a breakout of which will pave the way to $71000.

Alternative scenario - if the support is broken, the price will aim for the next demand zone around $65400. #BTC $BTC

Bitcoin – decline currently below 71500.
The price is trading below its 20 and 50 MA, likely declining to the zone of 68-67 500, as long as it trades below resistance.

An alternative scenario of breaking the zone of 71 500 will send the price to the area of 73-74 000.

#BTC $BTC

Bitcoin - continuation of growth while above 69,500.

The price is trading above its 20 and 50 MA, and is within the buyer volume range that broke the descending trend. As long as the price remains above the support level of 69,500, further growth to the zone of 73 - 74,000 is likely.

An alternative scenario of breaking the support zone would send the price to the area of 68,000. #BTC $BTC

Bitcoin - the growth continues as long as the price is above 69,500.
The instrument has broken the descending trend line and is also above its 20 and 50 MA.  
As long as the instrument trades above the support level of 69,500, the probability of continuing to the zone of 72,500 is high.
An alternative scenario is a breakout of 69,500, which will send the price to the zone of 67,500. #BTC $BTC

Trump published a post stating that he is postponing strikes on Iran's energy sector due to progress in negotiations (Iran has already denied the existence of progress, as well as the negotiations themselves 🤦‍♂️).

All risky assets reacted with an increase.

A huge volume was poured into Bitcoin, but there is no confirmation in the open interest of buyer demand - mostly the movement is due to closing shorts. Now it is important to see market support with an increase in OI.

But it seems to me that after the rebound, the price may also be brought back down. Overall, I see no reason to jump into longs, especially since the price remains sideways in the medium term.

However, the price broke through the reversal point of 69500 that I mentioned in the morning, a return back below it will be a bearish sign. 

 #BTC $BTC

Bitcoin - continuation of the decline while below 69,500.

The price is trading below the 20th and 50th MA, MACD is positive.
The instrument is in a descending local trend, in correlated instruments (S&P, GOLD) risk off, likely continuing the decline downwards and reaching marks of 66,600.
An alternative scenario of breaking the zone of 69,500 could send the price to 71,000.

#BTC $BTC

🪙 Every time the price of Bitcoin lost its 100 EMA on the weekly chart, the price dropped by an average of 50%. 

In the current cycle, the decline was 30%, and the target mark for this fractal is 40-45k$. 

To cancel this scenario, I would like to see the price return above 87k$, and a weekly close. For now, I will be more cautious in my plans to the moon. 

What do you think the next price of Bitcoin will be 👍87K or 👎52K. 

#BTC $BTC

🪙Bitcoin - no trend, likely sideways. 
As long as the price is above 69K acting as support, a local sideways movement is likely with an upper boundary of 71.4K and a lower boundary around 69K, possibly a low removal. 

The price is trading below its 20 and 50 EMA. MACD is positive. 

Market background - RISK OFF, indices and gold are correcting. 

Ahead is the weekend market with reduced liquidity and a possible escalation of the situation on the BV. 

Alternative scenario - a breakout of 71.4K could lead the price to levels of 73K.

#BTC $BTC

Gold has fallen by 6% in 24 hours, and by 16% from the maximum set in January.

The price drop is accompanied by a decrease in long institutional positions and an increase in speculative ones. Large holders are reducing longs, while speculators and retail are buying. The usual pattern where the price of the precious metal rises amid geopolitical risks has already played out. The market has already digested this risk, and now some of the funds being withdrawn from large funds (many were even forced to pause withdrawals) are not going into gold, but are accumulating in cash. This indirectly signals that investors are waiting for even lower prices.

It seems like a wide sideways trend will form.
$XAU #GOLD

Bitcoin - possible rebound and formation of a sideways trend. 

The price has approached the trading zone, which may act as support. And provide a local rebound in the range of 71-72K.

The price is trading below its 20 and 50 MA. MACD is neutral. Open interest has decreased - partial exit from shorts. 

Alternative scenario - a breakout of the 69K level may send the price to 67 thousand. #BTC $BTC

🪙Bitcoin - continuation of growth while above $72800.

The price is trading in a local sideways movement, where a large volume and an increase in open interest have occurred; holding above the support level increases the likelihood of a continued move into the 77-78K zone. The key resistance is at the level of 75.5K. MACD is neutral. CVD is rather bullish.

An alternative scenario - a breakout of the 72800 level may lead the price into the 71500 and 70000 zone $BTC #BTC

Bitcoin - the decline is currently below 75.6.

Yesterday's scenario for growth played out. The price increased by 4%.

And now it has approached strong resistance around 76K, from where there is a reaction and a pullback. As long as it trades below 75.6, a test of supports at 73 and 72K is likely.

But shorting such a chart is a bad idea, the medium-term trend is bullish.
An alternative scenario - a breakout above the resistance level could drive the price into the zone of 77-78K. #BTC $BTC

L2 network based on Ethereum that has collapsed by 97% from its ATH.

💡 The altcoin market, with rare exceptions, has only lost over the last 2 years, and this L2 network has also lost a significant part of its popularity, hype, and price accordingly.

However, its usage continues, as the advantages of L2 networks remain strong, including cheap transactions and other benefits. It scores 8.5/10 on my checklist.

📊 A key factor for the growth of altcoins is the exit of Bitcoin and Ethereum from medium-term sideways movements.

Technically, the tool is currently trading in a range with a width of 15%; a breakout upwards has the potential to return to the average value - zone 0.3. An alternative scenario of a breakout downwards from the sideways movement could lead the price to zone 0.7.

I am talking about the Optimism project, and my last purchase was in the range of 0.64; since then, the price has collapsed by 80%, and the current purchase averages the loss and brings the overall position to a negative result of -24%.

🖋 I remind you that I allocate $10 daily for investing in cryptocurrency and make a purchase once a week. #DCA $OP