IT Tech Crypto
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Bitcoin, on-chain analysis, alerts, sentiment, and technical analysis. ๐ง Free of charge. โ ๐จ Opinions are my own and do not constitute financial advice.
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๐ Bitcoin On-Chain Analysis: In/Out of the Money Around Price
Understanding holder behavior is crucial for navigating Bitcoinโs market dynamics. Hereโs a detailed breakdown of key support and resistance levels based on the โIn/Out of the Money Around Priceโ metric from @intotheblock
๐ Key Support and Resistance levels๐
โ. https://x.com/it_tech_pl/status/1861525003956789300?s=61
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Repost from Watcher Guru
JUST IN: Bitcoin is down 8.2% from it's all-time high since Jim Cramer said "all I can tell you is, own Bitcoin. That's a winner."
@WatcherGuru
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We have an outflow on BTC and an inflow on Eth. Good sign for Ethereum.
โ https://x.com/it_tech_pl/status/1861439835933646860?s=46
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+2
โผ๏ธ Check my latest market update. โฌ๏ธ
๐ฑ https://x.com/IT_Tech_PL/status/1861416552228139503
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๐ช Bitcoin: Short-term Holders are transferring $BTC to exchanges at a loss.
A small correction on $BTC triggers panic among weak hands. Behavioral patterns repeat in every cycle.
That's why I reminded everyone to take profits regularly. Nothing grows vertically forever! Stay strategic. ๐ง
๐ฑ https://x.com/IT_Tech_PL/status/1861334014734336038
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Let's celebrate $BTC Ath with Black Friday bonanza! ๐
Get 42.69% OFF on Subs + 33% OFF on all Kingfisher Bazar products.
Use code BLACKFRIDAY on our app. Don't wait, this deal won't last! โณ #BlackFridaySale
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Oh, I was mentioned again in an article on Cointelegraph.
https://cointelegraph.com/news/100k-bitcoin-next-no-euphoria-encouraging-btc-price-breaks-new-highs
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MicroStrategyโs realized $BTC price stands at $56,761.
This means the average cost of their Bitcoin holdings per unit. With BTC trading at ~$98K, theyโre sitting on substantial unrealized profits. However, a drop below this level wouldnโt trigger liquidations, but it would reflect a book loss.
โ https://x.com/it_tech_pl/status/1861128783232647415?s=61
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๐ช Bitcoin - FOMO-Driven Rallies and the Looming Risk of Profit-Taking Pressure.
๐น STH Selling at Profit Still Building
The green bars showing STH selling in profit have yet to reach levels seen during the previous $72.4k peak. This suggests that profit-taking pressure hasnโt peaked, leaving room for further upward movement in price.
Read full analysis โฌ๏ธ
๐ฑ https://x.com/IT_Tech_PL/status/1861047223116542006
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