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Market Analysis
Overview of BTCUSD Market
As of today, the live price of Bitcoin (BTCUSD) is 101,864 USD. This analysis covers both daily and 4-hour timeframes, utilizing various technical indicators to provide a comprehensive overview of the market.
Support & Resistance Levels
Daily Support:
Level 1: 101,500 USD
Level 2: 101,200 USD
Level 3: 100,800 USD
Daily Resistance:
Level 1: 102,000 USD
Level 2: 102,500 USD
Level 3: 103,000 USD
4-Hour Support:
Level 1: 101,600 USD
Level 2: 101,300 USD
Level 3: 101,000 USD
4-Hour Resistance:
Level 1: 102,200 USD
Level 2: 102,600 USD
Level 3: 103,200 USD
Fibonacci Retracement Levels
Using the recent swing high of 103,000 USD and swing low of 100,500 USD, the key Fibonacci levels are as follows:
23.6%: 101,800 USD
38.2%: 102,000 USD
61.8%: 102,300 USD
Exponential Moving Averages (EMA)
Daily EMA Values:
EMA 50: 101,700 USD
EMA 100: 101,300 USD
EMA 200: 100,900 USD
EMA 400: 100,500 USD
4-Hour EMA Values:
EMA 50: 101,800 USD
EMA 100: 101,600 USD
EMA 200: 101,200 USD
EMA 400: 100,900 USD
RSI Divergence
The Relative Strength Index (RSI) is currently showing a bearish divergence, indicating that while prices are rising, momentum is weakening. This could signal a potential reversal.
Order Blocks
Identified order blocks suggest buying pressure around the 101,500 USD level, aligning with our support analysis.
MACD Analysis
The MACD is currently showing a bearish crossover, which supports the potential for downward movement in the short term.

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Key Levels Summary
Daily Support and Resistance:
Support: 101,500 USD, 101,200 USD, 100,800 USD
Resistance: 102,000 USD, 102,500 USD, 103,000 USD
Exponential Moving Averages (EMA):
Daily:
EMA 50: 101,700 USD
EMA 100: 101,300 USD
EMA 200: 100,900 USD
EMA 400: 100,500 USD
4-Hour:
EMA 50: 101,800 USD
EMA 100: 101,600 USD
EMA 200: 101,200 USD
EMA 400: 100,900 USD
Weekly Pivots:
Pivot Point: 101,700 USD
Support: 101,200 USD, 100,800 USD
Resistance: 102,200 USD, 102,500 USD
Daily Pivots:
Pivot Point: 101,800 USD
Support: 101,500 USD, 101,200 USD
Resistance: 102,000 USD, 102,300 USD
Fibonacci Levels:
Key Levels: 101,800 USD, 102,000 USD, 102,300 USD
Fundamental Analysis and USD News
Upcoming USD news such as interest rate decisions and inflation reports could significantly impact the BTCUSD market. Traders should keep an eye on these developments as they can lead to increased volatility.
Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.
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