Cryptocurrency & Blockchain

Bitcoin is also ruined?

Bitcoin (BtcAfter $ 76,600, $ 76,600 reached $ 76,600, amounted to $ 83,700 after $ 76,600.

BTC / USLES Recited Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Reced Recetion

BTC / USD hours diagram. Source: Cointelegraph /TRADINGVIEW

Demand for Bitcoin remains weak

Spot Bitcoin Exchange-trade-stock equipment (ETF) leakage From the fall of the BTC, the price of the price fell in February and over $ 1.5 billion over the past two weeks.

Related: Why was Bitcoin the price today?

At the same time, Bitcoin’s demand remains low, resulting from investors arising from projected investors information Market Intelligence Firm Cryptokant,

What you need to know:

  • An obvious question is the difference between production, changes in inventory.

  • The production will provide a mining issue, and inventory means inactive delivery of inactivity over the year.

  • A positive request may be weakened if the proceeds to reduce the inventory.

  • From November 2024 to 2024, 2024, 2024, after the term of the President Donald The victory of TrumpBitcoin required by 279,000 from 279,000 from BTC to 4-2000 BTC until December 4-200.

  • On February 27, on the first time, the first time was the first time since September 2024.

  • It is currently at -93,700 BTC in writing.

  • If the trend continues, it will be below the price in July 2024.

  • Bitcoin, as shown in the Fower diagram, on July 27, 2024, then The price of BTC is further below Up to $ 49,000 in August 2024.

Bitcoin Source: Cryptoquant

However, this is a little more than a little more in the future. For example, at the end of October 2024, 2024, 2024, the price was 7% and 73% of the protester, and it was even negative.

Bitcoin estimates are correen more deeper

Data CointeleGraph Markets Pro and the TRADINGVIEW Show bitco-price worth 7% when the price trade reached 76,6600 before March 12.

Despite this uprising, multiple evaluation norms are still jumping to the premises and allow you to fix more deeply in accordance with cryptochurt.

  • Pointer at the Bitcoin Bull-Bear market market, the cycle of this cycle is “at the highest level.”

  • BULL / BEAR / Bear Bear Market Market Market Division – a impending meter of the difference between the P & L index and the 365-day average indicator.

  • Showing higher values ​​in the BTC bull market, show that 0 low values ​​show the bear market.

  • The current value has been the lowest level in 10.067, from May 2023, starting about the permanent restoration of bitkoin.

Bitcoin: Indicate the market cycle of a bullock. Source: Cryptoquant

  • At the same time, the ratio of the MVRV is less than 365 days of the 365-day movement, and the trend of the above price was lost.

  • The MVRV ratio is the main meter used to evaluate the undeveloped or underestiment of bitkoine.

“Historical, this level of assessment standards have rejected a sharp correction or the base market.”

Bitcoin Price Flag to $ 68.400

From the technical perspective, the price BTC is carried out within the continuation of the conscious continuing continuous proceedings ahead.

The main points:

  • To trade in BTC A Bear flag The sample is a model if the level of main support is not arrested.

  • After dropping to $ 76,000 after Bitcoin $ 72,600, the Bear Flag decreased from $ 3 to 11 to March 11.

  • The consolidation in consolidation in the consolidation in the bear flag is carried out in parallel channel, which is being taken to BTC and the test levels, including the lower borders of the flag.

BTC / USD of four hours chart. Source: Cointelegraph /TRADINGVIEW

  • The division of this level may cause another price to collapse.

  • The target, the target of the previous drop, is the target, about $ 6,8,400, which was 17% of the current price.

Meanwhile, Cryptoquant analysts say the current support zone could not be held from $ 75,000 to $ 63,000.

This article does not include investment advice or recommendations. Each investment and trading – must conduct self-study of readers in decision-making.