Shazid.base.eth🐅
@shazid21
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📊 Daily Bitcoin Analysis 📊
- BTC continues to chop amid the stock market uncertainty ahead of Monday's open. It remains between the 82.5k and 86k range with no clear signs of breaking either.
- The daily RSI is curving to the downside while the StochRSI is still curling to the upside after bouncing off of the signal line.
- Although what's interesting is the liquidation levels between 85.2k and 81.1k. There's equal concentration around each, but if you zoom in on lower timeframes, that concentration is clustered towards the upside which could mean a spike higher before another drop.
- With that said, I'm not rushing into any trades at the moment until they reach major support levels or we see a significant change regarding fundamentals (tariffs, wars, etc.).
Major resistance is 86k, 89-90k, 95k, 100k, 106k, and the 108k trendline.
Major support is 80-81k, 78k, and 74k. 0 reply
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