📊 Technical Analysis
● Bounce from 99.8-100 k confluence (violet trend-line + former wedge top + horizontal demand) confirms the zone as fresh support.
● Price coils in a tight pennant under 106 k; 1.618 target of the pattern meets the rising-channel roof and red supply at 111-112 k, while RSI prints higher lows, flagging hidden bullish momentum.
💡 Fundamental Analysis
● CME futures basis widened above 10 % annualised as softer US claims cooled dollar bids, boosting carry appetite; meanwhile, on-chain reserves keep shrinking, hinting at supply squeeze.
✨ Summary
Buy 100-103 k; pennant break >106 k aims 111 k → 115 k. Bull view void on an H16 close below 99 k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Bounce from 99.8-100 k confluence (violet trend-line + former wedge top + horizontal demand) confirms the zone as fresh support.
● Price coils in a tight pennant under 106 k; 1.618 target of the pattern meets the rising-channel roof and red supply at 111-112 k, while RSI prints higher lows, flagging hidden bullish momentum.
💡 Fundamental Analysis
● CME futures basis widened above 10 % annualised as softer US claims cooled dollar bids, boosting carry appetite; meanwhile, on-chain reserves keep shrinking, hinting at supply squeeze.
✨ Summary
Buy 100-103 k; pennant break >106 k aims 111 k → 115 k. Bull view void on an H16 close below 99 k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade active
📊 Technical Analysis
● Price punched back above the green 104 k–105 k shelf and closed a 4 h candle over the short-term falling trend-line from May’s high, locking a fresh higher-low on the violet trend-support.
● Hidden-bullish RSI divergence accompanies a tightening bull flag whose 1.618 projection and channel mid-rail converge at 109-110 k, just under the red supply.
💡 Fundamental Analysis
● CoinShares reports a second straight week of spot-ETF inflows (+US$475 m) while exchange reserves fall to a 4-yr low; tighter float meets softer US yields after jobless claims hit a 10-month high, reducing dollar carry appeal.
✨ Summary
Buy 104-105 k pull-backs; flag break >106 k targets 109 k then 112 k. Long bias void on a 4 h close below 99 k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Bitcoin reached its target, broke the trendline and today we will look at its further movement.
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.
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.