Bitcoin has a potential decrease as the “Death Crosse” signal is worth $ 92,000

The price of Bitcoin faces potential declining movement as technical indicators indicate a possible re -test of support levels. analysis The sharing of material indicators on February 17 indicates that Bitcoin, currently trading at $ 95,827, may suffer from other declines due to the “death intersections” that appear on daily plans. These crosses, where the average movement decreases in the short term to less than that long -term, often indicates twice the price of the price. However, the analysis also indicates the offer of liquidity at $ 95,000 and secondary support at 92,000 dollars, which may help in installing prices.

The material indicators highlighted that despite the transformation of the market liquidity, retail investors are still participating, and they continue to occupy their positions while the large entities are modified. The company described the situation as a possible “shakeout”, focusing on the importance of patience and disciplined trading strategies. Participant founder Keith Alan Express Confidence in contraction, saying that he sees it as an opportunity to enhance long -term holdings instead of the cause of anxiety.

External factors also affect market conditions. With Wall Street closed for the president’s vacation, the founding investors were unable to influence Bitcoin price movements. Meanwhile, Capital in QCP has noticed a decrease in the total trading sizes, due to the lack of volatility players. The company stated that the implicit fluctuations continued to decrease, with the decrease in the achieved fluctuations to 36 %. This indicates that despite price fluctuations, the market remains relatively stable without strong directional momentum.

The total economic scene is still broader, as Bitcoin continues to link to stock markets. Although inflation continued, Bitcoin has shown flexibility in modern macroeconomic data versions. QCP Capital noted that the open interest in Bitcoin is still low, indicating that options are awaiting concrete policy decisions instead of responding to speculative morale.

Binance arrangement data analysis supports the idea of ​​the next price test. The shot shared by indicators of materials shows a great benefit in bids around the level of 95,000 dollars, while all the classrooms, with the exception of retail dealers, were reduced by bitcoin exposure during the weekend. The presence of support at 92,000 dollars indicates that the additional decrease can be tantamount to verifying the health of the main support areas, which is likely to be the way for future price movements.

Traders remain cautious, as many technical signals are closely monitoring. The appearance of Death Crosses indicates the possibility of a long -term blogging trend, however some investors view the current conditions as an opportunity to assemble more bitcoin. Articles indicators emphasized the importance of strategic planning in such conditions in the market, and advising traders to stay patient and adhere to their goals.

Although uncertainty remains, the current Bitcoin mode within its trading scope, along with low fluctuations and total economic impacts, is likely to dictate to prices in the coming days.