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Degen Lex
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$BTC
PI Cycle top - Update
111DMA at 82,2k 🟠
350DMA x 2 at 136,2k 🟢
#Bitcoin
#BTC
#UpdateAlert
#picycletop
#Binance
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Degen Lex
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$BTC Monthly Bullish trend remains intact - RSI: Entered overbought territory around 70 Is not yet showing any signs of weakness. It can stay elevated/push higher for months - MACD: Momentum is less aggressive compared to previous bullish phases For now no bearish crossover #btc #bitcoin #TrumpTariffs #MarketSentimentToday
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#BTC Weekly - RSI : Back to 70 & is now showing signs of losing momentum - MACD : Not yet indicating any weakness Trend remains bullish on the weekly chart A short-term slowdown/consolidation phase lasting days/weeks could allow RSI to reset & build renewed bullish momentum $BTC #bitcoin #TrumpTariffs #Market_Update
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$BTC Daily - Price : Tested 112.1k & faced a rejection - RSI : Exited overbought territory pulling back to 60 - MACD : Confirmed a bearish crossover Daily structure suggests a phase of consolidation/ correction in the coming days unless price quickly reclaims the resistance #bitcoin #Bitcoin2025 #TrumpTariffs
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#bitcoin 4H - Price : Broke below TL2 signaling a loss of momentum We'll need to watch closely to see if this breakdown gets confirmed or if price quickly reclaims the trendline - RSI : Near 40 confirming a bearish divergence - MACD : Printed a bearish crossover $BTC
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Too much noise surrounding this trader's positions $BTC He has no real impact on the broader market Just look at the long/short ratio volumes his former $1B position is negligible compared to the $30B in long side volume Focus on what truly matters 💡 #bitcoin #MarketImpact
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