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📈 BTC ANALYSIS SUMMARY - ROLLING OVER TO THE NEXT SESSION & EUROPE SESSION OUTLOOK 📊
• BTC price is fluctuating steadily within a tight range from 78,604.78 USD to near 80,000 USD.
• At the time of analysis, the price is holding high at 79,818.78 USD (+1.15%).
• The MA(25) line at 79,878.62 USD is acting as the nearby resistance, while MA(99) at 79,071.75 USD provides strong support below.
• The MACD indicator shows selling pressure gradually easing; the market is accumulating and compressing, awaiting a breakout.
• The Options expiry event worth 6.4 billion USD on the Deribit exchange today is likely to trigger liquidity-sweeping moves.
📈 BTC ANALYSIS SUMMARY - ROLLING OVER TO THE NEXT SESSION & EUROPE SESSION OUTLOOK 📊
• BTC price is fluctuating steadily within a tight range from 78,604.78 USD to near 80,000 USD.
• At the time of analysis, the price is holding high at 79,818.78 USD (+1.15%).
• The MA(25) line at 79,878.62 USD is acting as the nearby resistance, while MA(99) at 79,071.75 USD provides strong support below.
• The MACD indicator shows selling pressure gradually easing; the market is accumulating and compressing, awaiting a breakout.
• The Options expiry event worth 6.4 billion USD on the Deribit exchange today is likely to trigger liquidity-sweeping moves.