BTC 12h & 1D Macro Trend Scanner - bullish momentum
Both timeframes (12H and 1D) show synchronized bullish trends, validated by the EMA 12 & 25 alignment and the Stochastic RSI momentum.
The 12H timeframe shows short-term consolidation, while the 1D timeframe confirms broader upward momentum.
Watch for any breakdown below the Consolidated EMA (25), which could signal a weakening trend, but for now, BTC remains bullish on both charts. Dominance is also decreasing so alts might have a rally.
This validates the 4h view on BTC posted earlier, confirming the 96-96.6k area ideal for taking longs.
Events for the week ahead:
• FOMC Minutes (Wed)
• Labour Market data (Fri)
The 12H timeframe shows short-term consolidation, while the 1D timeframe confirms broader upward momentum.
Watch for any breakdown below the Consolidated EMA (25), which could signal a weakening trend, but for now, BTC remains bullish on both charts. Dominance is also decreasing so alts might have a rally.
This validates the 4h view on BTC posted earlier, confirming the 96-96.6k area ideal for taking longs.
Events for the week ahead:
• FOMC Minutes (Wed)
• Labour Market data (Fri)
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