Bitcoin (BTC) just led to a consecutive “9” sale signal on the chart for 3 days, usually a sign that the trend runs out of steam.
This is according to the famous analyst Ali Martinez, who highlighted the indication that she flirts with BTC at a level of $ 95,000, which has sparked speculation that the slowdown may be imminent.
It is a clear warning sign for short -term traders: this style often precedes a temporary or reflection. However, while the graphs indicate excessively, the broader image looks out of fatigue.
The whales stack 4 billion dollars in Bitcoin, while the traded investment funds are absorbed
In the past two weeks alone, the whales have bought more than 43000 BTC, at a value of approximately $ 4 billion, up to the total whale holdings of $ 3.54 million. This is not a risk behavior. It accumulates with condemnation.
Meanwhile, the ETF request refuses to slow down. ISHARES Bitcoin Trust (IBIT) of Blackrock 970 million dollars in one day last week, ranked second after its highest level ever. In all investment funds circulating in the instant Bitcoin, clear flows continue to issue more than 11x, a historical imbalance that nourishes the current upward trend.
Despite the TD signal, Bitcoin is still structurally optimistic. It carries the highest main support levels, including EMA for 21 days (91.8 thousand dollars) and 50 days SMA (86.6 thousand dollars). RSI hover in the mid-sixties of the last century, and MACD is cleanly positive-not heating or showing the difference.
Mashqat markets are mixed, with a high volume but the open interest in flattening, hinting to a cautious crane instead of heavy speculation. The market may be unified, but it does this with a bullish contractor.
The TD serial signal may be distinguished by a local summit, but it is exposed to a greater narration: the registration of institutional flows, the accumulation of whales, the decrease in the strength of the dollar, and strong technical support.
If Bitcoin ends with less than 91 thousand dollars, the sale signal may be more decisive. But if it continues-ETF-this may be just another step on the road to six numbers.
The next few candles will tell the story. At the present time, the market listens – but not panic.
