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Bitcoin-BTC: What are the technical levels that traders expect with increasing fluctuations?

Bitcoin prices expectations

The price of Bitcoin-BTC returned to Rinse again under pressure after its stability below its main level of support of $ 104,000, in the midst of technical indicators which warn the possibility of extending the dominant path in the predictable term after the stable price of the level of the BTC / USD pair to a drop of more than 2% in the last 24 hours around the level of $ 10,3829.

While daily trading volumes have increased to touch 46.6 billion dollars accompanied by the spectrum of an increase in fluctuations, the price movements remained the frequency, because the two hours of the graph show the price of the currency oscillating without a decreasing direction line with its failure to cohes at the top of the average line with the 50 negotiation plans (EMA50) at 104,657; The formation of a hippocampal candle in contact with the Fibonacci correction level 0.236 to $ 104,028 resulted in a quick drop to $ 103,000.

In addition, the indications for MacD dynamics have been transformed into a negative such as the difference between the trend line and its counterpart to indicate the extent, which suggests the increase in sales pressure.

The most important technical levels:

  • Resistance: $ 10,657 (corresponding to EMA-50) and $ 10,238 (corresponding to the FIBONACCI 0.5 extension)
  • Support: $ 103,000, followed by $ 102,499 and $ 101,437
  • MacD index: The descending intersection has become certain

The expectations of Bitcoin prices can become descendant if it closes its price less than $ 103,000 with high negotiation sizes, which can push it to additional drops to $ 100,451.

The plans of sowing to extend its goods to 105,000 Bitcoin currencies reveal the confidence of institutions in money

Despite the prudent movements of the forecast price, it seems that the confidence of the Bitcoin currency institutions increases, Semler Scientific announced its intention to extend its possession of Bitcoin to go from 4,449 to 105,000 BTC Currency by 2027, and the company has also appointed strategic expert Joe Burnett (Joe Burnett). To manage its ambitious orientation.

Against the retirement wave which prevailed in the crapeto markets last Friday, the actions of Semler increased by 14%, highlighting the interest of investors for sustainable assembly strategies. According to the statements of the company, it aims to maintain 10,000 BTC currencies by the end of 2025, which can be an orientation of monitoring by the treasures of other companies.

Although the price of Bitcoin was not very affected by this advertisement, the indicators seem strong to the currency enjoying lasting demand, which could open the way to the highest level of the highest level of $ 100,000.

The ghost of the organization waving on the horizon after fraud practices has exploded a strict campaign on Automatic Chipto Exchange devices

The news of Bitcoin ATM in Texas, the scene after the chief of a police circle withdrew $ 32,000 from the residence system in order to recover assets worth $ 25,000, which was stolen in the framework of a fraud in which the authors plunged from the identity of government officials, so that history has spread like Wildfire and pushes many bits.

Just in 2024, fraud practices through automatic chipto exchange devices led to losses of 246 million dollars, and although this does not mean that the currency itself is the reason, the imposition of a more difficult control can limit the access of individuals to digital currencies and limit transactions for a short period.

In terms of macroeconomics, the Federal Reserve of Christopher Waller indicated that you can reduce interest rates in July if the labor market data shows more weakness. It is well known that low interest rates are in the interest of risk assets such as BTC currency, which all expect additional insurance from the state of labor markets and the global economy in general.

Conclusion:

  • The Bitcoin price has settled around $ 103,800 with the conversion of the MACD index indications to descending indicators.
  • Semler Scientific plans to assemble 105,000 BTC currencies.
  • Bitcoin ATMS RAID in Texas to arouse controversy on their use by individuals.
  • Increased expectations to reduce federal reserves of interest reserves with the stability of the price of Bitcoin.

As fluctuations increase, traders monitor close to $ 103,000, because the breakup pays the price to test the level of $ 101,437, or even $ 100,451.

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