Bitcoin trapped below the SMAS key as bears at 105,148 dollars – will the bulls wake up?
Bitcoin He finds himself on the back foot again, as it retreated down the decisive averages in the short term as the foolish forces tighten their grip. About $ 105,148 traded, BTC slipped under each of 25 points and 50 SMAS periods, indicating a shift in momentum in the short term. With the main indicators tend to benefit BearsThe bulls are now defending a familiar land. With the stability of dust about this last step, traders closely monitor – will BTC return to the stage of return or sliding to the Habboudia region?
Bitcoin price slides under SMAS key
According to the latest 4 hours of shacko_aii to update On BTC/USDT, Bitcoin is trading less than both SMAS 25-Period and 50-Period, with price detention at 105,148.71 dollars. 25 SMA periods in 107,788.87 dollars, and 50-bit in 106,456.31 dollars. This arrangement reflects a bearish Preparation, in favor of the sellers.
Shaco_ai notes that MACD is -677.48, firmly firmly in the bear lands without any signs of recovery. The momentum is still weak, and it appears difficult or non -existent. the market It seems that it does not rush to the opposite of the direction.
RSI is 38.23, indicating that sellers still have a simple feature. Although reading avoids excessive sales levels, it is a sign of pressure, but it has not completely exhausted. There is room to move in any of the two directions from here. It is still, Bulls Stay on defense now. Moreover, ADX prints at 25.36, hints to a gradual promotion direction. It is not explosive, but it is sufficient to keep the market involvement and alert.
It reflects the resistance, the support bears: Watch these areas
“Let’s talk about the numbers,” says shacko_ai, noting that the resistance stands at 110,530.17 dollars, and you may think of its importance. During, Support It holds a steady at 100372.26 dollars, and works as a reliable floor at the present time. These levels refer to the key areas that must be seen, so you may want to install them on your encryption map.
In the treatment of the crowd’s energy, the analyst indicated that the folder has decreased to less than average, as it reached 2950 compared to the usual 3291. This projection indicates that merchants may sit on the margin rather than participate in this procedure. However, calm may not last long.
Thus, Shaku urges investors to see how BTC behaves around these main levels. The rest over the resistance can open the door for more gains, while the bounce may raise the other support Climb Move. Either way, preparation is hinted at the possibilities of business.
Meanwhile, as Shaco_ai reminds us wisely, he has always made informed decisions. Whether it is preparing for Go out Or prepare to reflect, risk management remains very important as markets move quickly, and staying sharp is half battle.
Distinctive image from Getty Images, Chart from TradingView.com
Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.
