Buyers are trying to seize the initiative on Saturday, according to CoinStats. Who knew trading could be so dramatic? 🎭💸
BTC/USD
The rate of Bitcoin (BTC) has risen by 1.11% since yesterday. Because nothing says “I’m feeling lucky” like a 1% increase. 🎲
On the hourly chart, the price of BTC is far from the support and resistance levels. The volume is low, which means traders are unlikely to witness increased volatility by tomorrow. Or maybe they’re just taking a coffee break. ☕
On the bigger time frame, there are no reversal signals so far. In this regard, one should pay attention to yesterday’s bar low of $103,530. Because nothing says “suspense” like a number with three commas. 🧠
If bulls lose it, the decline may continue to the $100,000 area. Because why settle for $100k when you can aim for $95k? 🧨
From the midterm point of view, sellers are also more powerful than buyers. If a breakout of the $100,426 support happens, the accumulated energy might be enough for a move to the $95,000 zone. Because nothing says “financial drama” like a 5k drop. 📉
Bitcoin is trading at $106,909 at press time. Because even crypto can’t escape the “I’m fine, really” energy. 😅
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2025-10-18 20:32