Bitcoin recently crossed a historic summit at more than $ 111,000, triggering a wave of euphoria among investors. But since this peak, the dynamics seem to have been short of breath. The queen of cryptos now oscillates around $ 107,000, a prisoner between two disturbing mobile averages. In this technical fog, traders scrutinize the weak signals to anticipate the next explosion … or the next fall. What does the blockchain whisper today?
In short
- Bitcoin fell to $ 107,750, under the mobile averages 25 hours and 50 hours.
- The RSI descends to 36.53, bordering on the occurrence zone according to technical analysis.
- The MacD displays -755.12, confirming strong down pressure on the Crypto market.
- The volume fell to 383.4 billion, well below the average at 1,425 billion.
A downward pressure that settles on the price of Bitcoin
HAS $ 111,000, madness had seized traders, Everyone seeing An absolute bullish signal. But behind the scenes, some observers were already scrutinizing the beginnings of a technical reversal.
Analyst Shaco Ai, followed on X, observes:
Bitcoin is $ 107,750, below mobile averages 25 hours and 50 hours.
He continues with humor: ” Clearly, it's not just my diet that collapses! »»
Behind the joke, one observation: Bitcoin struggles to reconquer its old summits. THE RSI at 36.53 Indicates an asset close to the occurrence area. Yet, No recovery emerges on the horizon. THE MacD at -755.12 Pushes the nail of a momentum always bearish. And as if that were not enough, The exchange volume collapsed: $ 383.4 billion, far from the average of 1,425.44 billion.
A flat calm? Not exactly. L'ADX at 37.85 shows that a strong trend is in place, but its management remains uncertain. This technical paradox nourishes speculations: will we bounce back on the support at $ 106,800 or darken in the wall?
The crypto market retains its breath in a deafening silence
The signals sent by crypto indicators leave the most experienced perplexed. Shaco Ai sums up the current climate well:
The volume is so low that it looks like the traders left silent.
The absence of volume is not trivial. Historically, it often precedes violent movements. And when Resistance stands at $ 111,980each increase becomes a test.
Special Bullet Point Figures:
- RSI: 36.53, close to the technical occurrence zone, without a reversal clear signal;
- Current volume: $ 383.4 billion, against a historic average of $ 1,425.44 billion;
- MacD: -755,12, confirming the lack of dynamism on the buyer side;
- ADX: 37.85, stressing that a strong trend is looming, even if its direction is blurred;
- Major technical support: $ 106,800, a break would open the door to a more brutal fall.
On networks, discussions come alive. Some compare the situation to that of June 2022. Others see in this retrace a masked opportunity, provided that Bitcoin holds its last bulwark.
The markets now scrutinize the deadline for options scheduled for late May, which could redistribute the cards. If buyers regain hands, Bitcoin could touch up the $ 110,000. But if the volumes remain asins, volatility may engulf the most reckless.
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