$BTC — THE TREND REMAINS POSITIVE, BUT THE MARKET IS SLOWING DOWN
Bitcoin remains around $83,000–$84,000 $ after having approached $87,400.
The quarter is still very strong, but several signals call for caution:
• spot demand is slowing down;
• speculative buyers are less active in futures;
• profit-taking is increasing;
• the markets are still waiting for the next macro data releases.
For me, the two most important levels are:
• $83,000 $ as a defensive zone;
• $86,000–$87,000 $ as the zone to reclaim to clearly reignite the move.
I’d rather wait for a confirmed signal than chase the price after several weeks of gains.
NB: This content is for informational purposes and does not constitute financial advice. In futures, protect your capital and always adjust your position size to your risk.
📰 Sources: CoinDesk, CryptoQuant, The Wall Street Journal
Bitcoin remains around $83,000–$84,000 $ after having approached $87,400.
The quarter is still very strong, but several signals call for caution:
• spot demand is slowing down;
• speculative buyers are less active in futures;
• profit-taking is increasing;
• the markets are still waiting for the next macro data releases.
For me, the two most important levels are:
• $83,000 $ as a defensive zone;
• $86,000–$87,000 $ as the zone to reclaim to clearly reignite the move.
I’d rather wait for a confirmed signal than chase the price after several weeks of gains.
NB: This content is for informational purposes and does not constitute financial advice. In futures, protect your capital and always adjust your position size to your risk.
📰 Sources: CoinDesk, CryptoQuant, The Wall Street Journal