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# Analysis of BTC Movement Against Recent News and Price Data
Key Observations from the Candlestick Chart (BTC/USDT, 1-Hour Time Frame)
- Over the last 24 hours, the price of BTC has fluctuated in the range of 115,100 – 116,564, demonstrating moderate volatility without a clear trend. - From 00:00 to 08:00 UTC, there was an increase from 115,884 to a maximum of 116,564, after which a gradual decline began. - In recent hours, a sideways movement is forming with a slight recovery: from 115,632 to 115,785 at the current moment. - Trading volumes remain stable, but have slightly decreased in the latest candles, which may indicate a lull before a new movement.
Impact of News
- Treasury B.V. has purchased an additional 111 BTC, bringing the total holdings to 1,111 BTC — this is a signal of long-term confidence in the asset from a European institutional investor. - Bitcoin Treasury Corporation has entered the OTCQX market under the ticker BTCFF and has already accumulated over 700 BTC. This expands access for traditional investors to Bitcoin through regulated over-the-counter channels. . . . Получите свой Red Packet бесплатно на Binance Pay сейчас!
# Analysis of BTC Movement Against Recent News and Price Data
Key Observations from the Candlestick Chart (BTC/USDT, 1-Hour Time Frame)
- Over the last 24 hours, the price of BTC has fluctuated in the range of 115,100 – 116,564, demonstrating moderate volatility without a clear trend. - From 00:00 to 08:00 UTC, there was an increase from 115,884 to a maximum of 116,564, after which a gradual decline began. - In recent hours, a sideways movement is forming with a slight recovery: from 115,632 to 115,785 at the current moment. - Trading volumes remain stable, but have slightly decreased in the latest candles, which may indicate a lull before a new movement.
Impact of News
- Treasury B.V. has purchased an additional 111 BTC, bringing the total holdings to 1,111 BTC — this is a signal of long-term confidence in the asset from a European institutional investor. - Bitcoin Treasury Corporation has entered the OTCQX market under the ticker BTCFF and has already accumulated over 700 BTC. This expands access for traditional investors to Bitcoin through regulated over-the-counter channels. . . . Получите свой Red Packet бесплатно на Binance Pay сейчас!
▫️Total 3 could not break the ATH and is retracing, altcoins are red today.
▫️Bitcoin has not removed the liquidity at 119000, the last small block, and below we have liquidity at 3-4 billion, which is potential for MM.
▫️Currently, the BTC price is at the golden ratio of Fibonacci, which is the strongest resistance level at 118000, and that is why we are not breaking it.
▫️There are four gaps below at 117, 116, 113, 111k and liquidity.
▫️RSI and MACD show divergences for short on the 4h and 3d time frames.
▫️Funding is average, it says nothing.
▫️The US market is logically growing, as the rate was lowered, and this is the last sprint of growth before the second decrease. And this is the only factor supporting growth.
▫️DXY is at weekly trend support, and it is expected to bounce, which indicates that BTC is at highs.
▫️Dominance at the daily level, and we are waiting for a bounce to 59-59.5%, which indicates a decrease in altcoins.
▫️Total3 is forming a local reversal down from the level.
🔹Conclusion: we have 8-9 factors for an imminent decline and one factor for growth — this is the rate and the logic that the market will be ramped up before the crisis, but this could go in crypto and in October!! #BTC