Hamidreza π©
@hapita
πΈ What does the distribution of Bitcoin purchase prices say about investor behavior? πΈ π The most savvy traders bought about 15K BTC at the low of $78K (March 10) and sold it at $87K. π Now that there is not much Bitcoin left at 78K, this support level has weakened. π Current Bitcoin support levels: 84.1K 82.09K 80.92K π These prices act as support for Bitcoin in the short term. π On the other hand, $95K seems to be becoming a key resistance level, as investors have bought about 12K BTC in this range since March 24.. Good luck my friend
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aso19.base.ethπ΅π©
@aso
It looks like savvy investors bought at the $78K low and sold at $87K, weakening that support level. Current #Bitcoin supports are at $84.1K, $82.09K, and $80.92K. Meanwhile, $95K is becoming a key resistance, with around 12K BTC bought in that range since March 24. Thank you man 205 $degen
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Hamidreza π©
@hapita
Thanks for the detailed theory π
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Hamidreza π©
@hapita
Thanks for the detailed theory ππΉ
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Hamidreza π©
@hapita
Thanks for the detailed theory ππΉ
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1 reaction