BTC September 18, 2023
Regarding onchain data today, the signs are more positive as US and Korean investors both have relatively strong buying sentiment.
The total number of transactions increased by 83.28% compared to yesterday
This move is understood to mean there will be a price push to the 26k8-27k5 areas
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#BTC .09.2023
There are signs of candle accumulation, VOL is not seen selling
There will likely be a slight recovery for BTC next week
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BTC September 16, 2023
The DXY index rose to its highest level in the month of 105.33
H4 frame: is a short-term increasing structure. fluctuation range (25k9-26k84)
Currently the candles move below the EMA200
Furthermore, yesterday's frame D closed below EMA34, so there is a high possibility that there will be a correction today to the 26k area.
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BTC September 15, 2023
The DXY index rose to its highest ever at 105.27
H4 frame: is a short-term bullish structure
The candles are still running above support, however the 26k86 area needs to be adjusted
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BTC September 14, 2023
EMA34 is trying to cut EMA89 from the bottom up (a special sign of strong buying pressure if these two lines cut each other)
Notably, macd has cut the signal line and given a quite positive buy signal, specifically launching to the 26k3xx area and holding steady here. There is a very high possibility that the 28k2 area is the next destination.
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BTC September 13, 2023
Dxy at 104.7.BTC.D mark 1930
The candles are stuck between the two moving averages EMA34-EMA89
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BTC - September 12, 2023
BTC price is following a staircase of hell, gradually forming more and more resistance walls:
28k2-26k5-26k
The bearish structure is still maintained, recovery spans in small frames such as M15-H1 created by MM to push prices to get liquidity from liquidating high risk orders on futures trading.
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