📊 Technical Analysis
● Price reclaimed the purple 2-month trend cap and has “fixed” above the 107 k former supply, turning it into support; this validates the grey ascending triangle whose base lies on the channel mid-line.
● Triangle height and prior swing grid point to 112 k first, then the 114.9 k May high just beneath the channel ceiling. Invalid if candles sink back below 107 k.
💡 Fundamental Analysis
● Spot-ETF desks added >9 800 BTC since Friday while on-chain miner reserves stabilised, suggesting dwindling sell pressure just as U.S. CPI relief is lifting real-yield headwinds.
✨ Summary
Long 107–108 k; breakout >112 k opens 114.9 k. Bull view void on 4 h close <107 k.
-------------------
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● Price reclaimed the purple 2-month trend cap and has “fixed” above the 107 k former supply, turning it into support; this validates the grey ascending triangle whose base lies on the channel mid-line.
● Triangle height and prior swing grid point to 112 k first, then the 114.9 k May high just beneath the channel ceiling. Invalid if candles sink back below 107 k.
💡 Fundamental Analysis
● Spot-ETF desks added >9 800 BTC since Friday while on-chain miner reserves stabilised, suggesting dwindling sell pressure just as U.S. CPI relief is lifting real-yield headwinds.
✨ Summary
Long 107–108 k; breakout >112 k opens 114.9 k. Bull view void on 4 h close <107 k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Closed +5%
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🔻FREE Telegram channel🔻
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.