#Bitcoin❗ who saw, who did, who has already negotiated... Bitcoin is now a process of choices and negotiations. those who are quick in actions. lose nothing
How is the RSI calculated? The RSI is calculated based on the relationship between the average of closing prices in the uptrend and the average of closing prices in the downtrend. The RSI is expressed on a scale of 0 to 100. An RSI value of 70 or higher indicates that the asset is overbought. #BSCTradingTips #bitcoin
Current price is around 82,223.38, approaching the support zone at 82,000. Resistance is observed near 86,000. A breakout from the consolidation phase between March 11-18 led to a recent high of 88,364.89.
Long Setup:
Entry around 82,000 near support
Take profit targets at 86,000 and 88,364
Stop loss below 80,000
Short Setup:
Entry around 86,000 if price rejects resistance
Take profit targets at 82,000 and 80,000
Stop loss above 88,000
Current outlook suggests a potential bounce from support toward resistance, with a breakdown below 82,000 possibly leading to further downside toward 80,000. #MarketPullback #BSCTrendingCoins #BSCUserExperiences
Clusters Between $80,000 and $84,000 Increase Support Cushion
Bitcoin had a wild plunge on March 10 and 11, falling below $77,000. Bitcoin recovered from this level for most of the month, hitting $88,500 last week.
The fall allowed some Bitcoin traders to buy 15,000 BTC at this level, according to Glassnode on-chain statistics. However, several locations from this cohort sold at the $87,000 local high, depleting a buffer zone that may no longer give price stability.
Bitcoin's strongest cost basis clusters have slowly risen from $78,000 this month, with the most important support levels being between $80,920 and $84,100. About 20,000 BTC were bought at $80,920, 50,000 at $82,090, and 40,000 at $84,100. Recent purchasers' trust in these new accumulations may buffer the market downturn.
Bitcoin is now trading at $83,120, having lost the 40,000 BTC zone at $84,100. This puts $82,090 and $80,920 under pressure. If the drop deepens, structural support will not return until after $78,000, where long-term conviction purchasing happened at 49,000 BTC and 41,000 BTC, respectively.
Support is progressively rising, while resistance at $95,000 is firming. Since March 24, investor cost basis data at this level has increased by 12,000 BTC.
This suggests that some investors expect a high around $95,000, which might increase selling activity. Bitcoin may trade inside a limited range due to its resistance and support levels.
Glassnode data shows that long-term holders (addresses holding Bitcoin for over 150 days) have been the main profit-takers. Short-term traders who have held Bitcoin for less than 155 days are currently losing near long-term investors' profit-taking.
Bitcoin (BTC): Currently priced at $82,599.00 USD, reflecting a modest increase of 0.33% from the previous close. The day's trading has seen a high of $83,507.00 USD and a low of $82,071.00 USD.
withdrawal to pay debts and negotiations 🫵🏼🤡 clearance
Ricfeu
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If $BTC had already been adopted by more than half of the world's population, I would say to invest in it; however, since that hasn't happened yet, I would buy assets backed by $GOLD instead.
ETH/BTC: A 70% Decline Completed – Is a Reversal on the Horizon? 🚀📉
$ETH
In a remarkable journey since November 2022, the ETH/BTC trading pair has undergone a significant 70% correction, aligning precisely with earlier projections. Let's delve into the details of this movement and explore what the future might hold for Ethereum in its pairing with Bitcoin.
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🔹 Trade Recap: Precision in Execution 🎯
✅ Short Entry: 0.075 BTC ✅ Take Profit 1 (TP1): 0.055 BTC ✅ Take Profit 2 (TP2): 0.037 BTC ✅ Take Profit 3 (TP3): 0.023 BTC
Each target was met with remarkable accuracy, reflecting the anticipated bearish structure that unfolded as expected.
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🔸 Current Market Outlook: Signs of a Potential Reversal? 🔄
As of March 2025, ETH/BTC has reached a historical demand zone, coinciding with major multi-year support levels. This area has previously acted as a strong foundation for price rebounds, suggesting a possible shift in market dynamics.
📌 Key Observations:
🔹 Historical Support Levels – ETH/BTC is currently testing price levels that have previously served as a launchpad for strong uptrends.
🔹 Accumulation Phase Initiated – Some investors might see this zone as an opportunity to accumulate ETH, anticipating a mid-to-long-term reversal.
🔹 Patience is Key – While the setup appears promising, market reversals take time to play out. Traders should closely monitor volume and sentiment shifts.
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🔸 Recent Developments Impacting ETH/BTC
💡 Ethereum’s Transition to Proof-of-Stake (PoS) – The Merge (Sept 2022) aimed to improve energy efficiency and introduce deflationary mechanics. However, since then, Bitcoin has gained approximately 160% against Ethereum, showing a shift in market strength.
💡 Ethereum Supply Growth Stagnation – As of February 2025, Ethereum’s supply growth rate is near 0%, meaning that its expected disinflationary impact has stalled. This is due to lower on-chain activity and reduced gas fees, leading to fewer ETH burns.
💡 Investor Behavior – Large Ethereum holders (wallets with 100,000+ ETH) have been offloading their positions since the Merge, signaling a potential shift in long-term confidence.
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🔹 Conclusion: Navigating the Path Ahead
The ETH/BTC pair’s descent into a historical demand zone presents a critical juncture for traders and investors. While technical indicators hint at a potential reversal, broader market conditions and Ethereum’s evolving fundamentals must be considered.
📌 What’s Next? Traders should watch for: ✔️ Increased buying volume around key support levels ✔️ Fundamental catalysts that could drive ETH demand ✔️ Macro Bitcoin trends that influence ETH/BTC performance
🚨 Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR) before making any investment decisions.
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#Ethereu m #Bitcoin #CryptoAnalysis #MarketUpdate #ETHBTC #CryptoTrading
Can someone explain to me why I bought $BTC a limit order for $82,255, but the average cost ended up being $84,665? I didn't have a Bitcoin balance... 🤔
$ETH Daily: Testing Critical Support After Sharp Decline🔻 $ETH is currently at $1,819, down slightly after a sharp decline. The daily chart shows the price testing a crucial support zone around $1,810 High volume suggests strong selling pressure. If this support breaks, the next target is $1,754 A bounce $ETH could target $1,849 initially, then $2,000. Watch for volume confirmation and price action. #ETH #analysis
$BTC started with a value of 87125 dollars, then it surged and fell to rise with a wick at a value of 88765 dollars, continuing with a wave to reach a price of 88 thousand 119 dollars. In this journey, it increased by 1.88% and settled at 1.14% while waiting to see the consolidation. What do you think? We read you.
Let's go for a quick update from which we understand how the market is moving. $BTC Two points of ascent from 87.170 and from 86.600 It is very important to touch levels 90 and 91.800 and reach 94 as well. Why do we say this? All the whales are hanging large sell orders from these points. This is what will make us see today a range from 86.600 to 92 and 94. So as a trader, what will you enter? I guarantee you Your entry with the whales will drop.