Bitcoin 
$116,780.90Popular Analyst while jamming in the rising wedge formation Captain Faibik113 thousand dollars below the price of the price of 95‑98 thousand dollars can be withdrawn warned. In the last 24 hours, the largest crypto currency up to 2.5 percent, which has declined from 118 thousand dollars to 115 thousand dollars. At the same time, the Galaxy Digital’s sale of over 10,000 BTCs and 370 million USDT shooting caused a shocking effect on the market. The analyst underlines that rushing investors can easily trap.
Faibik: 113 thousand dollars level critical
According to Faibik in the Global Crypto Money Market rising wedge formationThe end of the end is approaching. If the support of 113 thousand dollars overlapping with the lower line of the formation is lost, a hard break can be triggered. The Analyst underlined that the Bearish PO3 model also appeared in the daily graph, that it has a signal of a false rise that can mislead late purchasers. Fa I will not open a position without seeing a clear day closing, Fa Faibik said, calling for unstable investors to be patient.
If Bitcoin breaks this support in the lower direction, the 95‑98 thousand dollar band is seen as the first target. Although this withdrawal may seem frightening, this withdrawal may offer long -term investors the opportunity to “discounted price”. He also added that investors should carefully monitor the support -rendered areas and search for volume approval. Crypto investors’ application – the reason will surprise you!
Whale sales can push the price below 100 thousand dollars
Galaxy DigitalToday’s sales of $ 1.18 billion reduced Bitcoin by 3 percent in just one hour. With this decrease, 144 million dollars long Position liquidation took place. Large wallets choose low -volume watches quickly weakens the price. Analysts say that similar movements may have harder consequences, especially due to limited liquidity at the weekend.
Although the 24 -hour transaction volume increased by 23 percent to 87.46 billion dollars, most of the increase came from whales selling snow. While the risk of getting the “late recipient trap ın of newly entering the market increases, experienced investors continue to expect a confirmed signal. The daily candle closure, which will be below 113 thousand dollars as Faibik pointed out, may cause a psychologically important threshold to test $ 100,000.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
