Bitcoin (BTC) has organized a moderate recovery during the weekend, but the gains of more than $ 110,000 are covered by selling. Data from Glassnode show “net distribution” (sale) of the regiment that carries more than ten thousand Bitcoin, but the dust without this level continued to accumulate.
The stain and future contracts reflect the GPA in Binance Exchange continuously when the BTC price approaches the level of $ 110,000.
On Sunday (May 25), which dates back to future markets to $ 110,000, following the announcement of US President Donald Trump that the head of the European Union Committee, Ursula von der Lin, had contacted him, indicating an extension of about a month to delay the European Union tariff by 50 %, which was scheduled to start on June 1.
Compared to the data last week, the financing rates were cooled, especially in HyperleLeeliquid (Orange Line), where the James Wynn trader rotates between a long center of $ 40 and $ 500 million from the short center, both of whom are now closed.
Regarding the output of the resistance seen in the amount of $ 110,000, the flows may remain suppressed as the American markets are closed to spend the anniversary holiday, and therefore the daily open demand in the market ranged from the investment funds circulating in the instant bitcoin, which represents 8.36 billion dollars in the purchase of BTC since the beginning of April, is stopped per day.
The Crypto Crypto Crypto Analysis platform shows that marginal merchants suffer from weight gain on the long side, with the possibility of qualifiers starting from $ 109,000 to $ 107,000.
On the other hand, Coinglass data hints that the price of BTC by resisting $ 110,000 can lead to short liquidation that can quickly lead to a crowd to $ 114,000.
Regarding the price expectations that focus on the pure technology for this week, traders are likely to see today’s price procedures to see if any future return and the CEX market followed by the ups of March 27 shares and the opening of Tadfi encryption markets.
Related to: The BTC price seeks to $ 155,000 “trigger” – 5 things that must be known in Bitcoin this week
Since things are currently standing, a block of AS can be seen at $ 114,000 and $ 119,000 in Coinbase Pro, while bidding starts from $ 104,000 and intensifies with prices drop to $ 102,000 -100,000 dollars.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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