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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: Middle
This currency pair is showing signs of a Bullish trend today. Traders considering Long positions may do so if the price surpasses the '81404.7'. This ascence could pave the way towards the first target level 82032.5 and potentially extend to 82485.9. Further upside momentum might even push the price towards 83113.7 before this session ends.
In contrary, breaking below the price '81404.7' 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 80951.3 and possibly further to 80323.5. A deeper plunge towards 79870.1 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
The market sentiment for this currency pair appears to be Bullish today. Traders may consider initiating Long positions sooner the price surpasses the '81657.9'. The initial target level 83419.8 could be initially attained, coupled with the second target level 86069.6. Eventually, there is a chance for the price to advance further and reach 87831.5 before the trading day concludes.
Contrarily, breaking below the price '81657.9' could evidently signify a potential shift in sentiment, prompting traders to consider Short positions. In such a case, the price might retreat towards the first support level 79008.1 and potentially test 77246.2. A sharper decline towards 74596.4 is also possible before the end of today's trading session.
#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: Friday
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 '86044.2'. This breakthrough could lead to the attainment of the first target level 77239.1, coupled with the second target level 72636.5. Further pull might even lead the price towards 63831.5 before the day gets over.
Oppositely, breaking upper the price '86044.2' 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 90646.8 , but it may also see 99451.9. A more substantial increase towards 104054.4 is also on the way to get the session over.
#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
This currency pair is showing signs of a Bearish trend today. Traders considering Short positions may do so if the price drops below the '88385.4'. This breakdown could pave the way towards the first target level 73982.3 and potentially extend to 63772.9. Further downside momentum might even pull the price towards 49369.8 before this session ends.
In contrary, breaking above the price '88385.4' 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 98594.8 and possibly further to 112997.9. A higher rise towards 123207.3 is also probable before before we call it a day.
#Monthly #BITCOIN #Crypto Analysis BITCOIN
