empty
09.11.2023 10:17 AM
Technical Analysis of BTC/USD for November 9, 2023

Crypto Industry News:

The now-defunct cryptocurrency exchange FTX, along with its sister company Alameda, successfully transferred approximately $38.5 million worth of assets to other centralized exchanges. According to reports, the ongoing selling frenzy is due to the need to meet its obligations to creditors.

According to online analyst Spot On Chain, approximately seven assets were recently transferred from addresses associated with FTX and Alameda to popular cryptocurrency exchanges. This sale occurred shortly after another transaction made by these entities on November 7.

In the latest round, assets worth approximately $38.5 million were transferred to FTX and Alameda addresses.

The seven assets included in the transfer are: 750,000 SOL worth USD 31.2 million, 325,501 ENS worth USD 2.76 million, 10.1 million GMT worth USD 2.22 million, 642,702 LDO worth USD 1.26 million, 288,211 APE worth USD 410,000 , 127,407 BADGER valued at $365,000 and 555,342 BNT valued at $323,000.

The once hopeful cryptocurrency exchange has been selling significant amounts of assets since early November. On November 7, the collapsed exchange transferred approximately 1.21 million SOL worth $48.6 million and 1,583 ETH worth $48.6 million to Kraken and Binance.

Similarly, on November 3, the stock exchange transferred approximately 800,000 shares to the same exchanges. SOL, which is equivalent to approximately USD 32.7 million. Between November 1 and 2, the company sent SOL, MATIC, ETH, MASK, SUSHI, BAT, GALA, LDO, C98, AAVE, ALICE, AXS, DYDX, ZRX worth almost $50 million to the popular Binance and Coinbase platforms.

As of November 8, the now-defunct former giant, together with its sister company, had transferred a total of 36 assets worth $350 million to various stock exchanges.

Technical Market Outlook:

The BTC/USD pair has made a new swing high at the level of $36,868 as the bulls are in control of the market. The price is again coming off the extremely overbought conditions on the H4 time frame chart, but now there is a clear Bearish Divergence between the price and the momentum on the H4 time-frame chart, so a pull-back is due soon. The intraday technical support is seen at $34,446. The next target for bulls is seen at the level of $37,142. The momentum remains strong and positive, so after the pull-back for the last swing high is done, the up trend shall continue.

This image is no longer relevant

Weekly Pivot Points:

WR3 - $38,618

WR2 - $36,746

WR1 - $35,766

Weekly Pivot - $34,911

WS1 - $33,913

WS2 - $33,059

WS3 - $31,206

Trading Outlook:

The bulls broken above the gamechanging level located at $25,442, so now the mid-term outlook for BTC is bullish. The next target for bulls is seen at the level of $37,142. As long as the level of 19,572 is not clearly violated, there is a chance for a long-term up trend to continue.

Sebastian Seliga,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Bitcoin perde sua posição e se equilibra no fio da navalha: a armadilha dos US$ 95.000

O Bitcoin está sob pressão mais uma vez. Na segunda-feira, o preço da maior criptomoeda do mundo caiu abaixo de US$ 95.000, e isso é mais do que apenas outra

Ekaterina Kiseleva 18:39 2025-05-06 UTC+2

Recomendações de negociação para o mercado de criptomoedas em 6 de maio

O Bitcoin e o Ethereum passaram o dia em um canal lateral, embora os sinais de venda ativa durante a sessão americana de ontem levantem algumas questões sobre as perspectivas

Miroslaw Bawulski 17:57 2025-05-06 UTC+2

Projeto de lei sobre stablecoin em risco

O Bitcoin e o Ethereum recuaram, e o mercado de criptomoedas como um todo reagiu negativamente à notícia de que o projeto de lei bipartidário GENIUS Act (Guiding and Enabling

Jakub Novak 16:06 2025-05-05 UTC+2

Recomendações de negociação para o mercado de criptomoedas em 2 de maio

Os compradores de Bitcoin e Ethereum atingiram novos níveis de resistência importantes, indicando uma forte demanda. O Bitcoin atingiu o nível de US$ 97.400, enquanto o Ethereum se aproximou

Miroslaw Bawulski 17:44 2025-05-02 UTC+2

Análise técnica do movimento diário de preços da criptomoeda Chainlink, sexta-feira, 02 de maio de 2025

Com o surgimento do padrão 123 de alta, seguido pela formação do Ross Hook de alta, que conseguiu romper a linha de tendência de baixa anterior, e com o Oscilador

Arief Makmur 15:50 2025-05-02 UTC+2

Bitcoin: quem está por trás do novo acúmulo e para onde vai o preço?

Em meio à saída constante de moedas das bolsas, à retomada da atividade no mercado de futuros e ao aumento no número de detentores de curto prazo, a maior criptomoeda

Ekaterina Kiseleva 14:52 2025-05-02 UTC+2

Bitcoin: por que maio pode se tornar um ponto de inflexão para o mercado de criptomoedas

Enquanto os participantes do mercado financeiro tradicional avaliam os riscos de recessão e as taxas de juros, o Bitcoin continua ganhando terreno de forma consistente. Abril foi o mês mais

Ekaterina Kiseleva 18:34 2025-04-30 UTC+2

Recomendações de negociação para o mercado de criptomoedas em 30 de abril

Os compradores de Bitcoin e Ethereum continuam aproveitando as quedas pontuais do mercado para realizar compras rápidas, como ficou evidente durante a sessão asiática de hoje. No entanto, é importante

Miroslaw Bawulski 17:31 2025-04-30 UTC+2

O que pode impulsionar o Bitcoin para um novo patamar?

Enquanto o Bitcoin - e todo o mercado de criptomoedas - aguarda dados econômicos cruciais dos EUA que podem moldar o caminho do Federal Reserve, o Goldman Sachs compartilhou

Jakub Novak 16:00 2025-04-30 UTC+2

Bitcoin e Ether se mantêm firme.

As fortes quedas intradiárias de ontem no Bitcoin e no Ether foram rapidamente revertidas por compras, sinalizando o contínuo interesse de traders e investidores que aguardam apenas níveis de entrada

Jakub Novak 14:46 2025-04-30 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.