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What is the current situation of Bitcoin?
Bitcoin price action outlook: Foto1 -the price of the document is 32,674 usd -depreciation of about 52% -the current sentiment is depreciation
Foto2 The perspective of the price action on TF-H4, the BTC asset defines an intermediate equilibrium structure: - the upper area on the elevation supply zone 41,338 USD
- the lower area on the elevation demand zone $ 30,125
The general sentiment is depreciation, and the outlook for change is the need for sustained effort by buyers above $ 44,000.
To watch if the price falls below the control area of the buyers on the quota of 30,125 USD "supply exceeds demand", which will indicate the continuity of the depreciation of the BTC asset with the probability to reach around the quota 14,771 USD.
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