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Price Action Crypto Analysis BITCOIN
The Crypto Analysis BITCOIN across these four distinct time frames is meticulously generated by our Dedicated AI System, a proprietary creation of the Frustrader Team. Any unauthorized copying, sharing, or posting of this content is strictly prohibited, unless explicit permission has been granted and proper attribution to the source is provided for the end-user.
Intraday
Daily
Weekly
Monthly
Crypto Analysis BITCOIN
Intraday Session: Hot
This currency pair is showing signs of a Bearish trend today. Traders considering Short positions may do so if the price drops below the '83505.8'. This breakdown could pave the way towards the first target level 82703.9 and potentially extend to 82259.9. Further downside momentum might even pull the price towards 81458.0 before this session ends.
In contrary, breaking above the price '83505.8' may indicate a shift in sentiment, convincing traders to consider Long positions. In such a scenario, the price might climb towards the first resistance level 83949.8 and possibly further to 84751.7. A higher rise towards 85195.7 is also probable before before we call it a day.
#Intraday #BITCOIN #Crypto Analysis BITCOIN
Note: This part is being updated using Frustrader AI Integration. BITCOIN has no update for this session
Crypto Analysis BITCOIN
Day Session: Tokyo
This currency pair is showing signs of a Bullish trend today. Traders considering Long positions may do so if the price surpasses the '82707.3'. This ascence could pave the way towards the first target level 84831.1 and potentially extend to 86601.9. Further upside momentum might even push the price towards 88725.6 before this session ends.
In contrary, breaking below the price '82707.3' may indicate a shift in sentiment, convincing traders to consider Short position. In such a scenario, the price may dive towards the first support level 80936.5 and possibly further to 78812.7. A deeper plunge towards 77041.9 is also probable before before we call it a day.
#Daily #BITCOIN #Crypto Analysis BITCOIN
Note: This part is being updated using Frustrader AI Integration. BITCOIN has no update for this session
Crypto Analysis BITCOIN
Week Session: Thursday
Projections show a Bearish outlook for this currency pair in today's trading. Traders who anticipate downward movement may consider Short positions once the price falls below the '86044.2'. This downward movement could lead to the achievement of the first target 77239.1 and potentially extend to 72636.5. Further downside potential exists, with the price possibly declining towards 63831.5 before the end of today's trading session.
However, should the price rise above the '86044.2', it may indicate a shift in market sentiment, prompting traders to consider Long positions. In such a scenario, the price may advance towards the first resistance level 90646.8 and subsequently level off at 99451.9. A stronger increase towards 104054.4 is also foreseen earlier than today's closing session.
#Weekly #BITCOIN #Crypto Analysis BITCOIN
Note: This part is being updated using Frustrader AI Integration. BITCOIN has no update for this session
Crypto Analysis BITCOIN
Month Session: 3rd Week
The prevailing market sentiment indicates a Bearish bias for this instrument today. Traders who expect downward movement may consider Short positions right after the price dives below the '88385.4'. This breakthrough could lead to the attainment of the first target level 73982.3, coupled with the second target level 63772.9. Further pull might even lead the price towards 49369.8 before the day gets over.
Oppositely, breaking upper the price '88385.4' could indicate a potential reversal, getting traders to consider Long positions. In this format, not only may the price descend towards the first resistance level 98594.8 , but it may also see 112997.9. A more substantial increase towards 123207.3 is also on the way to get the session over.
#Monthly #BITCOIN #Crypto Analysis BITCOIN
