BITCOIN - Overview of the situation
Bitcoin is trying to cross the $ 41,860 resistance level on a four-hour TF. It also has a support range of $ 40,000 to $ 40,500 below. To ascend to higher areas, it must have a price stabilization above the resistance of $ 41,860. Also, know that $ 44,300 is the next resistance. The main resistance after that is in the range of $ 44,300.
There is a rapid and violent increase in BTC addresses holding between 1 and 10 BTC (Between $40,000 and $400,000 worth). This generally means a heavy accumulation from prominent players and could hold the key to our next move.
There is a rapid and violent increase in BTC addresses holding between 1 and 10 BTC (Between $40,000 and $400,000 worth). This generally means a heavy accumulation from prominent players and could hold the key to our next move.
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