Fundamental approach:
- Bitcoin prices reached a 2-week high as easing geopolitical risks revived risk-on sentiment, though ETF outflows persist.
- BTCUSD breached a key short-term level amid renewed buying interest, yet spot bitcoin ETFs recorded net outflows of 131.2 mln USD, with CryptoQuant citing persistently negative demand.
- A hawkish signal from the Fed at the upcoming FOMC meeting may cap further upside for BTCUSD.
Technical approach:
- After retesting the resistance at 67250, BTCUSD corrected toward both EMAs. The price is above golden-crossed EMAs, indicating a potential shift to an uptrend.
- If BTCUSD breaks above 67250, it may surge toward the next resistance levels at 69000 and 72500.
- Conversely, remaining below 67250 may prompt a retest of both EMAs.
Analysis by: Quoc Dat Tong, Senior Financial Markets Strategist at Exness
- Bitcoin prices reached a 2-week high as easing geopolitical risks revived risk-on sentiment, though ETF outflows persist.
- BTCUSD breached a key short-term level amid renewed buying interest, yet spot bitcoin ETFs recorded net outflows of 131.2 mln USD, with CryptoQuant citing persistently negative demand.
- A hawkish signal from the Fed at the upcoming FOMC meeting may cap further upside for BTCUSD.
Technical approach:
- After retesting the resistance at 67250, BTCUSD corrected toward both EMAs. The price is above golden-crossed EMAs, indicating a potential shift to an uptrend.
- If BTCUSD breaks above 67250, it may surge toward the next resistance levels at 69000 and 72500.
- Conversely, remaining below 67250 may prompt a retest of both EMAs.
Analysis by: Quoc Dat Tong, Senior Financial Markets Strategist at Exness
관련 발행물
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
