Bitcoin settles about 119 thousand dollars, as the leverage is less to facilitate the decline star-news.press/wp

Bitcoin maintains a little $ 119,000 sign, with a more financial lever background that helps in installing the market after the recent fluctuations.

According to August 15. analysis From the Arab series of encrypted contribution, the estimated financial lever has decreased through the main platforms of its highest levels in early August above 0.27, and reaches about 0.25 before seeing a moderate height.

This contradicts Mayo and late July, when the price and leverage increased simultaneously, indicating that merchants were putting more and more dangerous bets.

The Bitcoin crane decreases market stability

The recent decline in the leverage indicates that traders reduce their aggressive positions, although prices are still high. This relaxation helped prevent consecutive rapid sales that often track high -benefit gatherings.

According to the visions of the Arabic series, it appears that the current procedure for the current price of Bitcoin (BTC) is driven by actual liquidity rather than excessive speculation, as ELR is still stable in the range of 0.24-0.25. The market may have a better basis for future gains if the leverage and immediate demand for balance are maintained.

Bitcoin technical analysis

On the graph for 4 hours, BTC hovers below the midfield from the Bollengerer band, with the upper range, which is close to $ 119,900, is a strong resistance. Although the relative strength index, in 55 years, does not indicate either the purchase of deep pressure or deep pressure, the RAM, at 68.7, indicates fixed but not intense momentum.

The moving averages are short to long -term, which extends from EMA for 10 days at 118,676 dollars to the SMA closing for 200 days at $ 100152, shows an upper alignment. Reading positive positive bear supports flash buying signals offered by momentum and MACD indicators.

If the leverage remains in the examination, the cleansing of $ 119,900 may lead to running about $ 123,000. The price may decrease about $ 117,700 (20 days EMA) or 114,900 dollars (50 days) if there is a rejection at $ 120,000 and ELR spaces above 0.27.