Analyst: Buy signal on Bitcoin 12-hour chart, possibly rebounding to $75k.


Analyst: Buy signal on Bitcoin 12-hour chart, possibly rebounding to $75k. Crypto analyst Alicharts points out that the Bitcoin 12-hour chart shows a TD Sequential buy signal, which may lead to a rebound to $75,000. This indicator, developed by Tom DeMark, is used to identify oversold reversal points but needs to be confirmed with trading volume, ETF fund flows, and macroeconomic environment.
Next, three things need to be watched: whether related funds continue to flow in, whether on-chain trading volume and holdings keep expanding, and whether project teams or regulators provide new confirmation signals. A single news flash can only indicate that sentiment is ignited; subsequent data will determine if it can develop into a trend.
Risks should also be considered: currently, Bitcoin is oscillating in the $73,000-$74,000 range.
$btc #etf #On-chain data #监管 #Blockchain
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· 15h ago
Analyst: Buy signals are present on the 12-hour Bitcoin chart, possibly rebounding to $75k.
Analyst: Buy signals are present on the 12-hour Bitcoin chart, possibly rebounding to $75k. Crypto analyst Alicharts points out that the 12-hour Bitcoin chart shows a TD Sequential buy signal, which could lead to a rebound to $75,000. This indicator, developed by Tom DeMark, is used to identify oversold reversal points but needs to be confirmed with volume, ETF fund flows, and macroeconomic environment.
Next, three things need to be watched: whether related funds continue to flow in, whether on-chain trading volume and holdings keep expanding, and whether project teams or regulators provide new confirmation signals. A single news flash can only ignite sentiment; subsequent data will determine if it can develop into a trend.
Risks should also be considered: currently, Bitcoin is fluctuating in the $73,000–$74,500 range.
$btc #etf # On-chain data #Monitoring
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