watch

Bitcoin: small intraday change — stay watchful

I see Bitcoin at $118,763 / ₽9,473,748. Equivalent position sizes: 0.1 BTC = $11,876 / ₽947,375; 0.5 BTC = $59,382 / ₽4,736,874; 0.7 BTC = $83,134 / ₽6,631,624.

Price moved only +0.02% in the last 10 minutes, indicating very minor intraday change. At this level, volatility can pick up quickly, but there is no clear short-term trigger right now.

I will monitor order flow and key support/resistance before changing exposure; for now I remain watchful rather than taking new aggressive positions.

Source available for registered users Sign Up Free

Analysis

Price is essentially flat over the last 10 minutes, so short-term momentum is weak; given the high absolute price level and potential for volatility, a measured approach is prudent.

Recommendation

Watch the market for confirmation (break of key support/resistance or volume spike) before buying or selling; do not add size based solely on the current tiny intraday move.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: