BTC: FA & TA Setups

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Summary:
We think BTC will likely fluctuate within the 9k – 10.5k range this coming week. The fundamentals are looking more bullish compared to last week. From the technical analysis perspective, we believe we are at key support, with a 0.4-0.5k bear trap zone beneath.

Key Fundamentals:
1. Smart money action:
We are now seeing pickups in the on-chain smart money actions. With on-chain vol finding support and stabilizing, we are bullish for the long term.
2. Miner action:
Both hash rate and difficulty are recovering, and miner capitulation is ending. With miner capitulation historically marking market bottoms, this is a bullish long-term sign.
3. Overall Market Sentiment:
Overall market sentiment is quite rational right now with not much bias.
4. Seller Group Only Market Sentiment:
Selling in profit and in bull trend. We picked up alerts of decreasing selling pressure a few days ago, and this is bullish for the short term.
5. Margin Market Actions
We have a potential for short squeeze. This is bullish for the short term.
6. SPX impact:
See the ideas linked at the bottom.

Key Technicals:
1. Strong support at trendline crossover
2. Target: 10.5k for this week
3. Wave developments:
We’ll likely keep on developing wave4 this week, fluctuating between 9k – 10.5k.
4. Oscillators at key support

What’s your view on the week ahead? Do you agree or disagree? All thoughts and critics are welcomed!

ノート
This is how we tie TA and FA together!
What drive BTC price vs. value?
ノート
Another drop likely in the short-term. We are still bullish for the long-term and accumulating whenever we can. Check out the details below:
BTC: Another leg down?
ノート
BTC is so far moving as planned. Currently, it's at a critical moment. The 2D RSI needs to move above its MAs for a continued BTC bull trend.
BTC: This needs to happen soon for bull trend to remain!
ノート
BTC remains in a bullish trend and we are currently at a level of great risk-reward setup.
See the update below from both fundamental and the technical perspectives.
BTC: Don’t be bearish yet!
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