đ Market Overview
Bitcoin (BTC): around $83,943, down by about 2% from yesterdayâs level at the same time. However, itâs still up by roughly 8% compared to a month ago. ďż˝
Fortune
During the day, positions in buy orders worth about $14 million were liquidated as BTC fell from around $84,500 to $83,500, indicating an increase in short-term volatility. ďż˝
Pluang
Before the current pullback, BTC reached about $87,359 in September, the highest level in 8 months. ďż˝
Right now, I see it as a choppy market after a strong upswingânot, by itself, a confirmed signal of continued rallying or the start of a major drop.
For short-term trading:
The $84â85k area is an important zone to watch for the return of strength.
Around $83k is a zone to monitor for price consolidation.
Breaking support levels with high trading volume would be a sign of technical weakness, while reclaiming the recent highs would change the technical picture.
As for AAPL shown in the image at around $336.42, the stock is near historically high levels, but its reading requires the daily/4-hour chart so I can determine support and resistance levels precisely.
#BTCâ $AAPL.US
Bitcoin (BTC): around $83,943, down by about 2% from yesterdayâs level at the same time. However, itâs still up by roughly 8% compared to a month ago. ďż˝
Fortune
During the day, positions in buy orders worth about $14 million were liquidated as BTC fell from around $84,500 to $83,500, indicating an increase in short-term volatility. ďż˝
Pluang
Before the current pullback, BTC reached about $87,359 in September, the highest level in 8 months. ďż˝
Right now, I see it as a choppy market after a strong upswingânot, by itself, a confirmed signal of continued rallying or the start of a major drop.
For short-term trading:
The $84â85k area is an important zone to watch for the return of strength.
Around $83k is a zone to monitor for price consolidation.
Breaking support levels with high trading volume would be a sign of technical weakness, while reclaiming the recent highs would change the technical picture.
As for AAPL shown in the image at around $336.42, the stock is near historically high levels, but its reading requires the daily/4-hour chart so I can determine support and resistance levels precisely.
#BTCâ $AAPL.US