Tools-for-Trader

Tools-for-Trader

At 29700 BTC found support. As you can see, at 29700 USD is a big volume cluster that indicates heavy buying activity. As long as this support holds, I expect a continuation of the upwards trend, also on lower time frames. Otherwise, BTC could fall to 26700. Nevertheless, the long term trend of BTC looks still very healthy.

Tools-for-Trader

According to PlanB's Stock to Flow Cross Asset Model (S2FX), Bitcoin (BTC) is still undervalued by 35% as of now and the fair value of Bitcoin will climb further in the next month. The S2FX model predicts a Bitcoin price of around 280k USD by end of 2024 at latest. What we saw in the last weeks is a lot of buying activity of institutions like Microstrategy,...

Tools-for-Trader Updated 

Es bleibt spannend. BTCUSDT befindet sich weiterhin im kurzfristigen Abwärtstrend. Werden wir vor dem Halving im Mai noch einen Bruch des Trends noch oben und einen neuen Aufwärtstrend sehen? Dazu bräuchte es neue kurzfristige Hochs