Daily Market Analysis: Bitcoin in a Correction Trend
Daily Market Analysis: Bitcoin in a Correction Trend
Bitcoin is currently undergoing an impressive technical correction of about 5% , with signs of re-accumulation. It appears we are in the midst of an accumulation phase on the 4-hour chart ⏳, with a possibility of a decline to the $84,000 area per coin before resuming the upward trend .
Technically: We are at the peak of the bullish trend, and at this stage, the market does not show signs of upward tension, which may support the current stability.
Fundamentally: Today, three CPI reports with positive forecasts are expected, potentially prompting temporary declines until 15:30, followed by a significant jump. Even if the reports are released with a slight delay and the results come out later in the evening, this is an accumulation process with potential for record levels .
Bitcoin is currently undergoing an impressive technical correction of about 5% , with signs of re-accumulation. It appears we are in the midst of an accumulation phase on the 4-hour chart ⏳, with a possibility of a decline to the $84,000 area per coin before resuming the upward trend .
Technically: We are at the peak of the bullish trend, and at this stage, the market does not show signs of upward tension, which may support the current stability.
Fundamentally: Today, three CPI reports with positive forecasts are expected, potentially prompting temporary declines until 15:30, followed by a significant jump. Even if the reports are released with a slight delay and the results come out later in the evening, this is an accumulation process with potential for record levels .
meitar Fadida Israel
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
meitar Fadida Israel
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.