[BTC]

1D


This is the Bitcoin chart market overview.
Bitcoin continues its endless sideways movement.
The daily candlestick frame moving averages are still in an inverse arrangement, and all medium- and long-term moving averages are pointing downward.
Additionally, the gaps between the moving averages are still quite wide.
For an upward movement to occur, it seems necessary to gather the gaps between the moving averages through more sideways movement, similar to the 모습 in the box on the left in March-April 2025(.

4h

In the 4-hour frame, the moving averages that widened due to a sharp decline are gradually converging.
If a strong upward movement appears on the 4-hour frame, breaking through and supporting the long-term moving averages, it could be a signal indicating the end of the decline.
If such a 모습 appears on the daily candlestick frame, it could signal a genuine rise, but since no such 모습 is visible yet, there are no signs that the decline has ended.


Recently, on Telegram or YouTube, it's not uncommon to see reports claiming that the downtrend line from the peak has been broken. While it may look that way on a regular chart, as I mentioned in class, charts should be viewed on a log chart. On the log chart, the downtrend line has not yet been broken.
If the sideways movement continues as it is, it is expected to break through by pushing sideways.