๐บPrice change: It's risen about +0.47% since the previous close โ modest gains, but notable
๐ฒ Intraday range: It dipped $BTC as low as $106,515 and peaked near $107,572 โ a spread of $1,000
๐ Why it moves: Bitcoin is highly volatile, reacting to factors like macroeconomic data, Fed interest rate expectations, big trades by whales, regulatory headlines, and global investor sentiment
Tips to Track BTC's Direction Today
1. Watch macro news: Updates on U.S. CPI, Fed plans, or central bank signals can trigger quick moves
2. Monitor whale/activity indicators: Large order flows or shifts in blockchain activity (like pending transactions or wallet inflows/outflows) often precede significant ticks
3. Use technical levels: Support around $106K and resistance near $108Kโ$108.8Kโ$112K matter โ a break above or below could indicate the next big swing
What You Can Do
Keep an eye on high-impact event calendars (e.g., U.S. economic data, Fed announcements).
Use real-time tools (like on-chain data or exchange order books) to spot large moves.
Set alerts around key psychological zones (e.g., \$106K, \$108K), then track price reaction.
Would you like help setting up specific alerts, learning more about those technical levels, or maybe exploring blockchain activity tools?
