beitmenotyou on Nostr: on the 4-hour chart, the Bitcoin Analysis: BTC shows bullish signals on the 4-hour ...
on the 4-hour chart, the
Bitcoin Analysis:
BTC shows bullish signals on the 4-hour chart, closing short positions and breaking resistance without significant downside. It remains strong above $90k, consolidating inside the daily TBO Cloud with an RSI at neutral levels. As momentum builds, a breakout above the Cloud will likely appear in the coming days.
Market Dynamics:
- Stablecoin dominance RSI drops, signaling potential market greed.
- Bitcoin dominance falls below the daily TBO Cloud, favouring altcoins.
- TOTAL crypto market charts are breaking resistance, signalling bullish sentiment.
Cautionary Note:
Volatility indicators (BVOL7D) suggest a potential reversal soon, with daily RSI oversold below 25.
Key Takeaway:
BTC remains strong, ALTs gain momentum, and the broader market charts suggest bullish sentiment. Watch for volume confirmation to validate this trend.
#Bitcoin #CryptoMarket #Altcoins #Bullish
Published at
2025-01-02 01:08:35Event JSON
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"content": " https://m.primal.net/NORa.png https://m.primal.net/NORb.png on the 4-hour chart, the \nBitcoin Analysis:\nBTC shows bullish signals on the 4-hour chart, closing short positions and breaking resistance without significant downside. It remains strong above $90k, consolidating inside the daily TBO Cloud with an RSI at neutral levels. As momentum builds, a breakout above the Cloud will likely appear in the coming days. \n\nMarket Dynamics:\n- Stablecoin dominance RSI drops, signaling potential market greed. \n- Bitcoin dominance falls below the daily TBO Cloud, favouring altcoins. \n- TOTAL crypto market charts are breaking resistance, signalling bullish sentiment. \n\nCautionary Note: \nVolatility indicators (BVOL7D) suggest a potential reversal soon, with daily RSI oversold below 25. \n\nKey Takeaway:\nBTC remains strong, ALTs gain momentum, and the broader market charts suggest bullish sentiment. Watch for volume confirmation to validate this trend. \n\n#Bitcoin #CryptoMarket #Altcoins #Bullish",
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