“Bitcoin Fell to $ 101k Before Reversing Sharply with High-Volume Support, As Hedge Fund James Lavish Rebukes War-Driven Selling.”, – WRITE: www.coindesk.com
Rallied Above $ 102,000 After Briefly Falling Below $ 101,000 in A Valatile Session Marked by Unusual Heavy Trading, Accounting To Condesk Research’s Technical Analysis Model.
Market Participants Reacted Swiftly to the Dip, Which Pushed Btc Near The Bottom of Itth-Long Trading Range.
The Reversal Gained Momentum As Volume Accelerated, Leading to A Strong Rebound. The MOVE COINCIDED WITH A Sharply Worded Post from James Lavish, A Managing Partner of the Bitcoin Opportunity Fund, Who Wrote on X: “IF YOU ARE SELLING BITCOIN Because of the Possibility of the World Going to War, You Have Absolutely No Idea Whata You Own.”
The $ 100k – $ 110k Range has Contained Price Movement for Nearly A MONT. On -chain Metrics Suggest A BalanCed Market with Neither Excessive Profit-Taking Nor Aggressive Accuumulation, While Derivatives Data Indicates Cautious Sentiement Sentient: Protection.
Technical Analysis Highlights
- A Midnight Push Lifted BTC Above $ 102,800 with Trading Volume Peaking at 17,906 BTC.
- Between 05:57 and 06:00, BTC Climbed from $ 102.767 to $ 102.912, Supported by Volume Spikes Over 150 BTC per minute.
- Peak Recovery-Period Volume Hit 184.24 BTC, Helping Drive Price Town $ 102.990.
- Minute-Level Consolidation Around $ 102.680– $ 102.720 Preceded The Breakout.
- A Higher Support Level Began Forming Near $ 102.870 As Valatility Decreased.
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