* BTC/USDT: Bitcoin's price chart against USDT (Tether). * Timeframe: 4-hour (4h) timeframe. This means that each candle represents 4 hours of price action.
Current Price and Change: * Current Price: 105,513.0 USDT. * 24-Hour Change: +0.29% (slight increase). * 24-Hour High: 106,123.2 * 24-Hour Low: 104,313.0 * 24-Hour Volume: 2.47K for BTC, 301.05M for USDT. Moving Averages: The chart shows two moving averages: * MA10 (Yellow Line): 105,251.6 * MA30 (Purple Line): 106,932.0 * Comment: The current price (105,513.0) is slightly above MA10 but below MA30. This may indicate a slight recovery in the short term, but the medium-term trend may still be bearish. A price break above MA30 would confirm the start of a medium-term uptrend. Price Action (Candlestick Chart): * From June 8 to June 10: The price has been in a strong uptrend, even reaching highs of 110,667.0. The density of green candles (indicating bullishness) is striking. * From June 10 to June 12: The price entered a downtrend, dominated by red candles, and fell to 102,681.3. This indicates that the previous rise was met with profit-taking or selling pressure.
* From June 12 to June 14 (recent status): The price is in a consolidation and slight recovery trend. Red and green candles are seen in balance, indicating that the market is trying to find a balance at a certain level. The current price of 105,513.0 is in this range. MACD (Moving Average Convergence Divergence) Indicator:
* MACD(12,26,9) values:
* MACD: 15.7 * DIF: -561.5 (MACD line) * DEA: -577.3 (Signal line) * Comment: According to the image, the MACD line (DIF) is about to cross the signal line (DEA) upwards or may have just crossed it (near the point where the histogram turns slightly green). If the MACD line crosses the signal line upwards, this can be interpreted as a "bullish signal" and may indicate the beginning of a potential rise. However, the fact that both lines are still in the negative territory indicates that the momentum is not very strong yet.
General Assessment: The Bitcoin price has been on a volatile course in the last few days, experiencing a significant rise and then a fall. It currently seems to be trying to find a balance at the level of 105,513.0. While being above the short-term moving average is a slightly positive signal, caution is warranted as it is below the medium-term moving average and the MACD has not yet given a strong buy signal. The direction of the market will depend on whether it can make sustained closes, especially above MA30 (106,932.0).
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GateUser-382ce234
· 5h ago
。。。。 。。。。。。。。。。。。。
Reply0
Fedita
· 9h ago
Watching Closely 🔍
Reply0
BrhAth
· 10h ago
I wish everyone good luck and good earnings.🙏
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Smirney
· 10h ago
Congratulations, very accurate analysis and comment.
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Karacadagli
· 10h ago
Watching Closely 🔍
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Old_man
· 10h ago
Buy To Earn 💎
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Miya_xanaka
· 10h ago
Your observations and predictions are very accurate. Thank you.♥️
Reply0
Sel_98_sw
· 10h ago
Thank you very much for the valuable information you have provided.
#BTC#
* BTC/USDT: Bitcoin's price chart against USDT (Tether).
* Timeframe: 4-hour (4h) timeframe. This means that each candle represents 4 hours of price action.
Current Price and Change:
* Current Price: 105,513.0 USDT.
* 24-Hour Change: +0.29% (slight increase).
* 24-Hour High: 106,123.2
* 24-Hour Low: 104,313.0
* 24-Hour Volume: 2.47K for BTC, 301.05M for USDT.
Moving Averages:
The chart shows two moving averages:
* MA10 (Yellow Line): 105,251.6
* MA30 (Purple Line): 106,932.0
* Comment: The current price (105,513.0) is slightly above MA10 but below MA30. This may indicate a slight recovery in the short term, but the medium-term trend may still be bearish. A price break above MA30 would confirm the start of a medium-term uptrend.
Price Action (Candlestick Chart):
* From June 8 to June 10: The price has been in a strong uptrend, even reaching highs of 110,667.0. The density of green candles (indicating bullishness) is striking.
* From June 10 to June 12: The price entered a downtrend, dominated by red candles, and fell to 102,681.3. This indicates that the previous rise was met with profit-taking or selling pressure.
* From June 12 to June 14 (recent status): The price is in a consolidation and slight recovery trend. Red and green candles are seen in balance, indicating that the market is trying to find a balance at a certain level. The current price of 105,513.0 is in this range.
MACD (Moving Average Convergence Divergence) Indicator:
* MACD(12,26,9) values:
* MACD: 15.7
* DIF: -561.5 (MACD line)
* DEA: -577.3 (Signal line)
* Comment: According to the image, the MACD line (DIF) is about to cross the signal line (DEA) upwards or may have just crossed it (near the point where the histogram turns slightly green). If the MACD line crosses the signal line upwards, this can be interpreted as a "bullish signal" and may indicate the beginning of a potential rise. However, the fact that both lines are still in the negative territory indicates that the momentum is not very strong yet.
General Assessment:
The Bitcoin price has been on a volatile course in the last few days, experiencing a significant rise and then a fall. It currently seems to be trying to find a balance at the level of 105,513.0. While being above the short-term moving average is a slightly positive signal, caution is warranted as it is below the medium-term moving average and the MACD has not yet given a strong buy signal. The direction of the market will depend on whether it can make sustained closes, especially above MA30 (106,932.0).