- Macro Overview
Investors have withdrawn approximately 7,500 BTC, primarily led by larger investors, pushing bitcoin exchange balances to the lowest point in 2.5 months. After a significant reduction by ARKB, their investors led an $81.1 million investment out of the total $158.3 million invested yesterday, followed by FBTC. A more positive sentiment as Q4 approaches may support bitcoin prices.
- Technical Analysis
BTCUSD is approaching the upper boundary of the ascending channel near 64,000. The price remains above both EMAs, indicating the potential for a mean reversion. If BTCUSD extends its rally beyond 63,900, the next resistance level could be tested at 65,000. Meanwhile, BTCUSD may pull back to the 61,600-62,200 zone if a correction occurs before a stronger upward move.
Investors have withdrawn approximately 7,500 BTC, primarily led by larger investors, pushing bitcoin exchange balances to the lowest point in 2.5 months. After a significant reduction by ARKB, their investors led an $81.1 million investment out of the total $158.3 million invested yesterday, followed by FBTC. A more positive sentiment as Q4 approaches may support bitcoin prices.
- Technical Analysis
BTCUSD is approaching the upper boundary of the ascending channel near 64,000. The price remains above both EMAs, indicating the potential for a mean reversion. If BTCUSD extends its rally beyond 63,900, the next resistance level could be tested at 65,000. Meanwhile, BTCUSD may pull back to the 61,600-62,200 zone if a correction occurs before a stronger upward move.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.