$BTC / USDT - 76,092.2

Bitcoin is first crypto. It has fixed supply of 21M coins. New coins come from mining. Halving cuts new supply every 4 years. Token is used as store of value, pay tool, and hedge. Large buyers hold it as reserve. BTC leads the whole market. When BTC moves, alts follow.

WHY IT IS FLAT TODAY
Price up +0.40% to 76,092.2. 24h High 76,199.9 Low 75,570.8. Small bounce from 74,877.0 low. Price is near AVL 76,088.1. That shows buyers and sellers are equal now. MACD at 74.5 is above zero but DIF -466.5 is still below DEA -541.0. That shows momentum is still weak after a sharp fall from 81,965.5. Today +0.52% but 7 days -2.31% and 30 days -7.78%.

TECHNICAL ANALYSIS
Support 1: 75,570.8 to 76,088.1 - 24h low and AVL area
Support 2: 74,877.0 - last major low
Support 3: 74,522.5 - chart low area

Resistance 1: 76,199.9 to 76,549.9 - 24h high and Fib 0.236 zone
Resistance 2: 78,571.5 to 78,824.5 - Avg Price and chart area
Resistance 3: 81,965.5 - last major high

Fib levels from 74,877.0 to 81,965.5:
0.236: 76,549.9
0.382: 77,584.8
0.5: 78,421.3
0.618: 79,257.7
0.786: 80,448.6

WHAT TO WATCH
Hold above 76,088.1 keeps bounce alive. Close above 76,549.9 opens 78,571.5. Lose 75,570.8 opens 74,877.0 again. Lose 74,877.0 opens 74,522.5. Vol is low at 1.81K BTC. Turnover is 137.48M. That means low interest now. Do not chase small green candles after a fall from 81,965.5. High volatility can return fast on BTC.

CURRENT DATA
Price: 76,092.2 +0.40% Perp: 76,060.0 +0.44%
24h High: 76,199.9 Low: 75,570.8 Vol: 1.81K Turnover: 137.48M
AVL: 76,088.1 Avg Price: 78,571.5
MACD: 74.5 DIF: -466.5 DEA: -541.0
Today: +0.52% 7 days: -2.31% 30 days: -7.78% 90 days: +18.60% 180 days: -5.70% 1 year: -25.45%

Not Financial Advice.

#ShareWeekly #WCTCS9
#BTC

$BTC