2 hours ago
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Key Takeaways
- Bitcoin recovered strongly from $65K to $75K on the 4H chart.
- Price above all three MAs – 50MA at $72,767, 100MA at $70,374, 200MA at $70,199.
- Taker Buy/Sell Ratio on Binance at 0.97 – below critical threshold, whales still selling.
- True Market Mean Price at $78.3K – BTC trading roughly 5% below it.
- Sell-side liquidity declining – accumulation demand rising, supply squeeze building.
- Sentiment improving, but recovery is not yet confirmed.
The Chart Tells One Story
On the 4-hour chart, Bitcoin has staged an impressive recovery over the past two weeks, climbing from the $65,000 area all the way up to $75,000, reclaiming all three major moving averages in the process. The 50MA at $72,767, the 100MA at $70,374, and the 200MA at $70,199 are all sitting below current price and beginning to slope upward, which is a constructive technical development. RSI is sitting at 59.82, reflecting positive mom...
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