BTC price is less than 100,000 dollars amid a weak whale purchase

Bitcoin (BTC) has been fighting less than $ 100,000 in the past eight days. Nevertheless, BTC maintains its location as the largest extent, with the maximum $ 1.9 trillion market.

The accumulation of the whale has recovered a little from its lowest level, but it is still weak compared to the previous months, indicating a cautious feeling among adult holders. If BTC fails to build purchase pressure, it may face an additional aspect, while the collapse above the main resistance may rule the bullish momentum.

BTC Ichimoku Cloud display mixed signals

the Ichimoku cloud for BTC Mixed signal appears. The price is currently trading near the cloud but lacks a strong direction. Kijun-Sen (Red Fine) and Tenkan-Sen (Blue Line) are close to each other, indicating poor momentum and potential monotheism.

The cloud itself is thin in some areas, indicating that the indicator provides a little resistance or support. In addition, the price has been moved recently to the bottom of the cloud, which is generally a landmark, but the next cloud turns into neutral, which means that the trend is still uncertain.

Senkou extends A (green) and Senkou Span B (red) flat, which enhances the lack of strong directional bias.

Chico San (green line) hover around the price, confirming more frequency in the market. If the next cloud begins to expand, it may provide better clarity for the direction, but at the present time, the market appears to be lacking in strong momentum.

A mixture of thin cloud and compressed index lines indicates Bitcoin at a stage of low fluctuationsWhere there are no bulls and no bears has complete control.

Bitcoin whales are still struggling after reaching low levels of the year

number BTC headlines whaleThose who carry at least 1000 BTC, recently reached the minimum annual level of 2034 on January 29, after a sharp decrease throughout January. While she tried to recover, reaching 2043 on February 6, the number decreased again before starting a slow recovery to 2050.

Pisces tracking is extremely important because these older bearers often affect the liquidity of the market Volatility.

The number of decrease in whales can indicate a decrease in accumulation of major investors, which may support weaker prices.

Although the number of the whale has recovered slightly from its lowest point, it is still relatively low levels compared to the previous months. This indicates that while some of the big bearers returned, there was no strong return in accumulation.

A continuous increase in whale addresses can indicate Renew confidence in BTCWhile the constant stagnation or decline may indicate a cautious feeling among the main investors.

If the whales remain reluctant in accumulation, the BTC price may be struggled to build a strong upward momentum in the short term.

BTC PRICE Procent: Will BTC $ 100,000 will restore soon?

Bitcoin EMA lines are still downward, as EMAS is still in the short term in its lower -term position. currently, Bitcoin price It is traded near the main support level of $ 96,700, which is very important to maintain stability.

If this level is tested and broken, It can intensify the pressure pressureWhich leads to a decrease of about 91,274 dollars.

However, if BTC price A bullish trend can be created, the first major viewing resistance is 97,766 dollars. The collapse above this level can indicate a transformation in the momentum about $ 10022.

If the bullish trend is strengthened, BTC can test 102,700 dollars, and the continuation of the strong upward momentum can lead it to 106,300 dollars.