#BTC Bitcoin (BTC) failed to break above the specified zone and has now returned to the marked support range. The price is currently moving in line with technical levels, and we are waiting for a breakout in either direction to clarify its next move.
#BTC Bitcoin (BTC) once again closed the weekly candle with an even 50-50 split between the candle body and wick. On lower timeframes (LTF), the price is moving from one level to another, with these levels acting as major support and resistance. Lower timeframes look positive (bullish) for now; breaking above resistance could push the market higher, toward the $81,000 area.
Indicator #TOTAL moves according to price levels, moving between retests of resistance and support levels. The indicator is currently at a support level, a stage that warrants monitoring for a bounce or a price close below this level. If it closes below, this is likely to lead to a sharp drop in altcoins (Altcoins).
Details of the alleged $5.8 billion Binance hack: What has been confirmed and what remains unclear
What happened? A suspected security breach affecting wallets linked to Binance has raised widespread concerns in the cryptocurrency market, following reports of massive transfers across multiple blockchain networks. Investigators suspect that the attackers may have exploited wallet authorization mechanisms to access funds and transfer assets between different blockchain networks. Binance reportedly suspended withdrawals pending security checks and investigations.
#BTC The Bitcoin dominance indicator (#BTC.D) faced strong rejection at the identified resistance level and has begun moving sideways. If the market starts to decline, this would be a positive sign, as liquidity would begin flowing into altcoins. Under these conditions, the market is expected to remain stable, so watch closely for any price-level breakouts.
$#BTC☀️ Bitcoin moved slowly toward the resistance zone. It is now at a critical point: it may be rejected from this area, or a clear weekly candle close could be a very bullish signal for the upward trend.
$BTC Showed a slight breakout of the Bitcoin price through the small upward channel toward the resistance zone. However, the market is still very slow, so more waiting is required.