📊 Technical Analysis
● Bulls twice defended the 103-105 k demand and purple trend-line, turning the zone into a springboard; price also reclaimed the inner grey trend-median, preserving higher-lows in the 7-week rising channel.
● A fresh ascending triangle is coiling under 111 k; pattern height projects to the red 112-115 k supply/channel roof once 111 k gives way, while invalidation rises with the trend-line at 103 k.
💡 Fundamental Analysis
● CoinShares reports a third straight week of spot-ETF inflows (+US$1 bn) and the BTC exchange reserve just printed a new 3-year low, signalling supply squeeze. Meanwhile, ISM manufacturing slipped back below 50, cooling U.S. yields and the DXY and reviving crypto appetite.
✨ Summary
Long 104-106 k; triangle break >111 k targets 112 k → 115 k. Bull view void on a 16 h close beneath 103 k.
● Bulls twice defended the 103-105 k demand and purple trend-line, turning the zone into a springboard; price also reclaimed the inner grey trend-median, preserving higher-lows in the 7-week rising channel.
● A fresh ascending triangle is coiling under 111 k; pattern height projects to the red 112-115 k supply/channel roof once 111 k gives way, while invalidation rises with the trend-line at 103 k.
💡 Fundamental Analysis
● CoinShares reports a third straight week of spot-ETF inflows (+US$1 bn) and the BTC exchange reserve just printed a new 3-year low, signalling supply squeeze. Meanwhile, ISM manufacturing slipped back below 50, cooling U.S. yields and the DXY and reviving crypto appetite.
✨ Summary
Long 104-106 k; triangle break >111 k targets 112 k → 115 k. Bull view void on a 16 h close beneath 103 k.
Trade active
📊 Technical Analysis
● After a brief dip, price reclaimed the channel mid-line and closed three consecutive 4 h candles above the 105 k liquidity shelf, confirming it as fresh support and resetting the series of higher-lows.
● A tightening bull flag is forming between the purple trend-line and 106.8 k cap; flag depth points to the 112-115 k resistance band at the upper rail once 107 k is cleared.
💡 Fundamental Analysis
● ETF trackers show US spot products absorbed another 6 400 BTC since Friday, while exchange balances hit a 38-month low, signalling further supply contraction amid softening US yields after dovish FOMC remarks.
✨ Summary
Buy 104.5-106 k; flag breakout >107 k targets 112 k, stretch 115 k. Long bias void on a 4 h close below 103 k.
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t.me/DeGRAMChannel
Crypto signals in telegram
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.