DAILY UPDATE — 10/10
BTC FACES RESISTANCE AROUND 83K
BTC:
+ Daily timeframe: Yesterday, 09/10, BTC recovered well from the 81.571k area and was briefly pushed back up to 83.500k. BTC closed the day at 82.578k, up 1.06% overall, equivalent to a gain of 867.5 points.
- RSI: Moving around the 50 area after being pushed down to 47.
- MACD: The histogram remains weak.
BTC.D - Bitcoin Dominance:
• Yesterday, this index continued to show efforts by capital to flow back into BTC, closing at 60.06%, up 0.13%.
+ BTC ETF: -3.58M USD
+ ETH ETF: 0M USD
DXY - US Dollar Strength:
- The USD maintained its strength at a high level of 102.335, closing the day at 102.232, up slightly by 0.12%.
TOTAL3 - Altcoin Market Capitalization:
• Yesterday, this index appeared to find temporary support around 789.91B, slowing the outflow of capital from altcoins. It was up 0.82% overall for the day.
BTC TRADING SCENARIOS FOR 10/10
- Scenario 1: Consider BUYing if the price retests the 82.4k–82.5k area; target range: 83.2k–83.7k
- Scenario 2: Consider SELLing in the 83.8k–84k price range; target range: 82.5k–83k
* Gold (XAU): No trades.
* Oil: No trades.
->> BTC scenarios: SL 500–700 points from entry (depending on position and leverage)
"The most suitable price information at the present time"
"This bulletin is prepared by the Team based on current data to provide information for your reference; it is not investment advice."
Wishing everyone an energetic week; trade calmly, safely, and with discipline!!! @All
BTC FACES RESISTANCE AROUND 83K
BTC:
+ Daily timeframe: Yesterday, 09/10, BTC recovered well from the 81.571k area and was briefly pushed back up to 83.500k. BTC closed the day at 82.578k, up 1.06% overall, equivalent to a gain of 867.5 points.
- RSI: Moving around the 50 area after being pushed down to 47.
- MACD: The histogram remains weak.
BTC.D - Bitcoin Dominance:
• Yesterday, this index continued to show efforts by capital to flow back into BTC, closing at 60.06%, up 0.13%.
+ BTC ETF: -3.58M USD
+ ETH ETF: 0M USD
DXY - US Dollar Strength:
- The USD maintained its strength at a high level of 102.335, closing the day at 102.232, up slightly by 0.12%.
TOTAL3 - Altcoin Market Capitalization:
• Yesterday, this index appeared to find temporary support around 789.91B, slowing the outflow of capital from altcoins. It was up 0.82% overall for the day.
BTC TRADING SCENARIOS FOR 10/10
- Scenario 1: Consider BUYing if the price retests the 82.4k–82.5k area; target range: 83.2k–83.7k
- Scenario 2: Consider SELLing in the 83.8k–84k price range; target range: 82.5k–83k
* Gold (XAU): No trades.
* Oil: No trades.
->> BTC scenarios: SL 500–700 points from entry (depending on position and leverage)
"The most suitable price information at the present time"
"This bulletin is prepared by the Team based on current data to provide information for your reference; it is not investment advice."
Wishing everyone an energetic week; trade calmly, safely, and with discipline!!! @All