BTCUSDBTCUSDT.P The largest cryptocurrency has been falling rapidly this week, breaking the 92K level, turning it into resistance. Currently, the 200-day moving average is located around 82K and seems to be the next target for the price. However, the RSI has entered the oversold area, indicating that the market is increasingly overtaken, and it is only a matter of time before it experiences a rebound or at least a short-term bullish reversal. However, for the first case, the asset must first return to the 92K level.
BTCUSDBTCUSDT.P The largest cryptocurrency has been falling rapidly this week, breaking the 92K level, turning it into resistance. Currently, the 200-day moving average is located around 82K and seems to be the next target for the price. However, the RSI has entered the oversold area, indicating that the market is increasingly overtaken, and it is only a matter of time before it experiences a rebound or at least a short-term bullish reversal. However, for the first case, the asset must first return to the 92K level.
MARA Massive support at $15.57 - lowest I see this going is $12 range (target $66.68 - 0.786 fib).... hope it does cause I will be loading up. BTC is in a bullflag again and lowest I see that going is 82K ish (if it follows the same length of bullflag as last one breakout will be Oct or Nov (which should be right on time for US Reserve (maybe even sooner - why do you think Blackrock is buying SO MUCH?)
BTCUSD Clearly, we're in a blow-off top right now. I think it'll hit 82K-85k-ish and then retrace to the 200 SMA, bounce and continue from there. I'll be looking to enter shorts if we break into the 80's. Most of the institutional money right now is entering from the RR facility, and it's almost bled dry. Volume is WAY down and sentiment is turning far more negative.