Bridged BTC (NEAR Intents) (BTC)

Bitcoin Update Today
57800$ ka low bana diya hai $BTC ne aaj
Target same hai no any changes
Coming to our Buying zone as per suggested. https://t.co/mEXuASVPnt

The weekly chart still doesn’t look convincing.

Bitcoin remains well below the 50-week moving average, which is now sitting around $88,500.

Historically, this moving average has acted as an important trend indicator.

Right now, it’s sloping lower while price continues trading beneath it.

That’s not what you want to see if you’re looking for a sustained recovery.

Bitcoin is sitting on a major support zone around $58,000-$60,000.

If that level fails to hold, the downside opens up considerably.

For now, the higher-timeframe trend remains under pressure until Bitcoin can reclaim the 50-week moving average.

🚨 $BTC and $ETH are forming a very interesting picture!

Currently, the most notable region on the buying side is Asia.

Almost every time an Asian session opens, purchases appear in both $BTC and $ETH. In contrast, selling pressure continues during the European and US sessions.

If this divergence persists for a long time, we can see more clearly where the big players are accumulating positions.

For now, Asia seems to be accumulating. Let's see how much more Europe and the US can sell.

#BTC #ETH #Bitcoin #Kripto #Trading