📊 SUMMARY OF ANALYSIS & ASSESSMENT OF THE US SESSION’S BTC MOVEMENT, OUTLOOK FOR THE UPCOMING SESSION 🌏
🦅 ASSESSING THE US SESSION’S MARKET MOVEMENT (LAST NIGHT)
* 🚀 Strong breakout: The past US session witnessed an overwhelmingly strong buying force, pushing the price of Bitcoin sharply higher, breaking above the long-term accumulation range of $80.000 - $82.000 to set a short-term peak at $87.395,67. This upward momentum was reinforced by heavy inflows of ETF capital along with a large wave of Short order liquidations (Short Squeeze).
* 📉 Profit-taking pressure: After approaching the previous peak zone, technical selling pressure emerged, causing the price to pull back slightly to around $86.488,00.
$BTC #BTC☀ #BTC🔥🔥🔥🔥🔥
🦅 ASSESSING THE US SESSION’S MARKET MOVEMENT (LAST NIGHT)
* 🚀 Strong breakout: The past US session witnessed an overwhelmingly strong buying force, pushing the price of Bitcoin sharply higher, breaking above the long-term accumulation range of $80.000 - $82.000 to set a short-term peak at $87.395,67. This upward momentum was reinforced by heavy inflows of ETF capital along with a large wave of Short order liquidations (Short Squeeze).
* 📉 Profit-taking pressure: After approaching the previous peak zone, technical selling pressure emerged, causing the price to pull back slightly to around $86.488,00.
$BTC #BTC☀ #BTC🔥🔥🔥🔥🔥