 **Technical Analysis:** 1. **Trend and Price Movement**: - Bitcoin (BTC) has fallen sharply to $96,928.27, registering a **-3.93% decline in 24 hours**. - The price broke below the **7 EMA ($98,603.34)**, **25 EMA ($101,036.26)**, and **99 EMA ($101,959.17)**, signaling a **strong bearish trend**. 2. **Support and Resistance**: - The **24-hour low** is $96,060, indicating potential near-term support. - The **24-hour high** of $101,456 shows strong resistance above. 3. **Volume Analysis**: - High sell volume is evident, particularly in the last few 4-hour candles, reinforcing bearish momentum. 4. **RSI (Relative Strength Index)**: - RSI at **14.50** is in the oversold region, suggesting the market is heavily dominated by sellers. A potential rebound may occur if buyers step in. 5. **Key Catalysts for the Decline**: - Breaking below **psychological levels ($100,000)** triggered panic selling. - Broader market sentiment or external macroeconomic factors could be driving selling pressure. - High leverage liquidations may have accelerated the fall. **Conclusion**: Bitcoin's rapid decline is driven by strong bearish momentum, breaking below critical support levels, with oversold RSI signaling possible near-term recovery. Tight risk management is crucial for traders in this volatile environment.
author | hooiyewlim |
---|---|
permlink | bitcoin-s-steep-drop-analyzing-key-indicators-behind-the-decline |
category | teammalaysia |
json_metadata | {"tags":["teammalaysia","leofinance","ssglife","neoxian","waiv","ecency","curie","gems"],"image":["https://images.hive.blog/DQmfC2Xjx6UoPG6ECQmy4i4fh1PGZhVojXQgdUmaRkA1QEq/IMG_20250203_082538.jpg"],"app":"hiveblog/0.1","format":"markdown"} |
created | 2025-02-03 00:30:54 |
last_update | 2025-02-03 00:30:54 |
depth | 0 |
children | 2 |
last_payout | 2025-02-10 00:30:54 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 1.322 HBD |
curator_payout_value | 1.282 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 1,487 |
author_reputation | 292,474,741,956,240 |
root_title | "Bitcoin's Steep Drop: Analyzing Key Indicators Behind the Decline" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 140,511,004 |
net_rshares | 6,738,823,881,451 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
drifter1 | 0 | 931,373,348 | 2.5% | ||
eric-boucher | 0 | 13,472,307,270 | 2.5% | ||
kaylinart | 0 | 631,457,709 | 2.5% | ||
jacor | 0 | 1,325,271,378 | 2.5% | ||
cloh76 | 0 | 3,417,867,832 | 2.5% | ||
lemouth | 0 | 91,255,446,750 | 3% | ||
cornerstone | 0 | 534,358,685,257 | 20% | ||
tfeldman | 0 | 4,648,526,416 | 2.5% | ||
boxcarblue | 0 | 15,027,588,386 | 2.5% | ||
justyy | 0 | 33,384,203,163 | 5% | ||
michelle.gent | 0 | 3,135,750,507 | 1% | ||
curie | 0 | 251,655,707,683 | 5% | ||
modernzorker | 0 | 2,042,347,886 | 3.5% | ||
poeticammo | 0 | 1,570,846,304 | 100% | ||
yadamaniart | 0 | 4,314,114,178 | 2.5% | ||
bigtakosensei | 0 | 1,369,899,141 | 1.25% | ||
metroair | 0 | 21,708,813,964 | 5% | ||
driptorchpress | 0 | 2,005,322,970 | 1.25% | ||
boynashruddin | 0 | 460,765,072 | 5% | ||
torkot | 0 | 697,180,522 | 2.5% | ||
steemiteducation | 0 | 818,494,604 | 2.5% | ||
dhimmel | 0 | 29,433,018,063 | 1.75% | ||
detlev | 0 | 30,354,487,706 | 1.5% | ||
chasmic-cosm | 0 | 720,247,776 | 2.5% | ||
federacion45 | 0 | 2,505,863,500 | 2.5% | ||
amberyooper | 0 | 668,412,756 | 2.5% | ||
gamersclassified | 0 | 4,394,401,846 | 2.5% | ||
forykw | 0 | 8,525,217,408 | 2.5% | ||
jerrybanfield | 0 | 15,756,435,537 | 5% | ||
rt395 | 0 | 1,187,900,294 | 1.5% | ||
bitrocker2020 | 0 | 7,086,071,024 | 1% | ||
ohamdache | 0 | 3,180,341,686 | 2.5% | ||
sustainablyyours | 0 | 424,982,106 | 2.5% | ||
improv | 0 | 1,306,991,132 | 1.5% | ||
scooter77 | 0 | 8,537,848,367 | 4% | ||
arunava | 0 | 15,113,557,382 | 2% | ||
juancar347 | 0 | 17,357,303,401 | 2.5% | ||
schoolforsdg4 | 0 | 597,802,428 | 5% | ||
samminator | 0 | 1,633,503,503 | 1.5% | ||
zerotoone | 0 | 960,173,954 | 2.5% | ||
enjar | 0 | 47,812,540,796 | 4.5% | ||
aboutyourbiz | 0 | 776,024,615 | 5% | ||
dandesign86 | 0 | 17,770,857,302 | 8% | ||
jayna | 0 | 7,361,888,341 | 1% | ||
finkistinger | 0 | 761,938,662 | 2.5% | ||
joeyarnoldvn | 0 | 456,250,690 | 1.47% | ||
decomoescribir | 0 | 686,533,348 | 2.5% | ||
diabolika | 0 | 997,243,446 | 2.5% | ||
gunthertopp | 0 | 49,849,812,646 | 1% | ||
empath | 0 | 6,157,276,753 | 4.25% | ||
minnowbooster | 0 | 39,374,953,970 | 1% | ||
travelgirl | 0 | 9,211,633,239 | 25% | ||
neumannsalva | 0 | 4,501,366,156 | 2.5% | ||
stayoutoftherz | 0 | 152,252,015,998 | 1.25% | ||
coindevil | 0 | 2,623,265,206 | 4% | ||
mhel | 0 | 489,578,839 | 1% | ||
investingpennies | 0 | 14,264,002,318 | 5% | ||
pepskaram | 0 | 506,282,425 | 2.5% | ||
sunisa | 0 | 594,162,435 | 2.5% | ||
zyx066 | 0 | 3,203,299,192 | 1.5% | ||
chrisdavidphoto | 0 | 1,145,391,877 | 1.5% | ||
rocky1 | 0 | 699,210,916,426 | 0.75% | ||
stickchumpion | 0 | 1,014,193,923 | 2.5% | ||
kimzwarch | 0 | 16,841,548,868 | 4% | ||
torico | 0 | 1,387,096,191 | 1.65% | ||
therealwolf | 0 | 25,851,466,111 | 2.5% | ||
amphlux | 0 | 1,736,141,724 | 2.5% | ||
inthenow | 0 | 23,342,958,729 | 20% | ||
psychkrhoz | 0 | 1,613,901,613 | 8% | ||
minnowpowerup | 0 | 825,169,583 | 2.5% | ||
cryptononymous | 0 | 1,767,466,891 | 2.5% | ||
meno | 0 | 31,539,649,128 | 2.5% | ||
buttcoins | 0 | 25,430,382,561 | 1% | ||
bigdizzle91 | 0 | 502,717,927 | 2.5% | ||
steemed-proxy | 0 | 865,128,948,796 | 5% | ||
peaceandwar | 0 | 754,359,805 | 2.5% | ||
marcoriccardi | 0 | 836,341,125 | 5% | ||
tazbaz | 0 | 490,469,274 | 2.5% | ||
sahil07 | 0 | 3,032,182,275 | 100% | ||
battebilly | 0 | 625,900,419 | 2.5% | ||
dejan.vuckovic | 0 | 903,629,813 | 1% | ||
myach | 0 | 638,057,143 | 4% | ||
sunsea | 0 | 6,103,581,711 | 2.5% | ||
mejustandrew | 0 | 740,566,171 | 2.5% | ||
bluefinstudios | 0 | 4,196,500,494 | 1.5% | ||
steveconnor | 0 | 4,425,809,338 | 2.5% | ||
zmx | 0 | 557,939,487 | 2.5% | ||
nicole-st | 0 | 1,223,140,261 | 2.5% | ||
smartsteem | 0 | 115,482,444,492 | 2.5% | ||
afifa | 0 | 722,150,775 | 10% | ||
kenadis | 0 | 616,241,676 | 2.5% | ||
iptrucs | 0 | 14,391,456,503 | 25% | ||
danielwong | 0 | 44,319,660,764 | 100% | ||
straykat | 0 | 1,032,575,918 | 2.5% | ||
adelepazani | 0 | 2,714,420,282 | 1% | ||
danaedwards | 0 | 509,104,999 | 5% | ||
sco | 0 | 548,802,616 | 2% | ||
hooiyewlim | 0 | 6,089,640,614 | 100% | ||
gordon92 | 0 | 791,117,112 | 2.5% | ||
stahlberg | 0 | 1,103,720,225 | 2.5% | ||
gabrielatravels | 0 | 3,538,452,045 | 1.75% | ||
carn | 0 | 946,579,940 | 4.5% | ||
fineartnow | 0 | 3,669,245,550 | 2.5% | ||
yoghurt | 0 | 531,510,234 | 5% | ||
aiziqi | 0 | 1,078,658,081 | 5% | ||
senstless | 0 | 5,752,607,760 | 8% | ||
shinedojo | 0 | 484,857,015 | 5% | ||
bennettitalia | 0 | 1,877,803,798 | 2.5% | ||
jigstrike | 0 | 775,938,448 | 2.5% | ||
m1alsan | 0 | 2,149,440,408 | 2% | ||
portugalcoin | 0 | 10,830,632,088 | 10% | ||
dynamicrypto | 0 | 604,424,708 | 1% | ||
marc-allaria | 0 | 1,732,771,172 | 2.5% | ||
sportscontest | 0 | 4,950,658,453 | 5% | ||
videosteemit | 0 | 1,772,611,511 | 5% | ||
tobias-g | 0 | 2,992,148,783 | 5% | ||
mproxima | 0 | 2,595,946,737 | 2.5% | ||
didic | 0 | 1,663,724,016 | 2.5% | ||
nwjordan | 0 | 737,475,116 | 5% | ||
irgendwo | 0 | 1,697,889,071 | 5% | ||
vegan.niinja | 0 | 458,751,027 | 2.5% | ||
kieranstone | 0 | 1,421,156,813 | 1.65% | ||
melvin7 | 0 | 8,466,486,965 | 2.5% | ||
russellstockley | 0 | 1,578,557,678 | 1.25% | ||
jjerryhan | 0 | 6,351,687,029 | 2.5% | ||
putu300 | 0 | 1,274,999,426 | 5% | ||
michelmake | 0 | 54,125,217,194 | 20% | ||
zipporah | 0 | 2,568,339,293 | 1% | ||
leomarylm | 0 | 680,914,506 | 2.5% | ||
superlotto | 0 | 5,248,222,520 | 5% | ||
positiveninja | 0 | 1,023,469,563 | 2.5% | ||
bscrypto | 0 | 14,388,049,555 | 2.5% | ||
movingman | 0 | 581,060,252 | 20% | ||
bil.prag | 0 | 2,556,206,287 | 0.25% | ||
vcclothing | 0 | 2,591,359,324 | 1.5% | ||
sanderjansenart | 0 | 5,011,806,747 | 2.5% | ||
vittoriozuccala | 0 | 1,043,761,966 | 2.5% | ||
koenau | 0 | 526,721,026 | 2.5% | ||
qberry | 0 | 3,769,391,412 | 2.5% | ||
frissonsteemit | 0 | 1,142,859,075 | 2.5% | ||
broncofan99 | 0 | 11,218,531,466 | 20% | ||
greddyforce | 0 | 3,748,316,003 | 1.85% | ||
flyerchen | 0 | 957,537,305 | 2.5% | ||
c0wtschpotato | 0 | 519,662,502 | 2.5% | ||
therising | 0 | 83,676,748,089 | 5% | ||
cryptocoinkb | 0 | 1,941,866,771 | 2.5% | ||
me2selah | 0 | 750,531,503 | 2.5% | ||
mariusfebruary | 0 | 705,174,924 | 2% | ||
outtheshellvlog | 0 | 790,984,345 | 2.5% | ||
robmolecule | 0 | 24,584,542,487 | 10% | ||
littledrummerboy | 0 | 519,181,687 | 100% | ||
steem.services | 0 | 909,471,562 | 1% | ||
pladozero | 0 | 21,406,123,942 | 10% | ||
minerthreat | 0 | 3,638,766,539 | 2.5% | ||
nateaguila | 0 | 73,782,464,772 | 5% | ||
doctor-cog-diss | 0 | 1,774,697,171 | 2% | ||
dailyspam | 0 | 22,430,935,397 | 20% | ||
musicvoter2 | 0 | 661,761,338 | 1% | ||
bdmillergallery | 0 | 427,559,008,895 | 30% | ||
uche-nna | 0 | 5,004,765,317 | 4% | ||
ssg-community | 0 | 1,735,516,629,622 | 16% | ||
cheese4ead | 0 | 3,448,776,901 | 2.5% | ||
talentclub | 0 | 2,941,508,322 | 2.5% | ||
ilovecryptopl | 0 | 752,988,140 | 4% | ||
bflanagin | 0 | 2,003,753,887 | 2.5% | ||
armandosodano | 0 | 4,524,132,899 | 2.5% | ||
goblinknackers | 0 | 81,097,265,463 | 7% | ||
yaelg | 0 | 802,924,370 | 1.5% | ||
kylealex | 0 | 4,813,353,445 | 10% | ||
cliffagreen | 0 | 4,983,551,038 | 10% | ||
palasatenea | 0 | 1,737,940,373 | 2.5% | ||
the.success.club | 0 | 3,121,998,883 | 2.5% | ||
steemcryptosicko | 0 | 8,351,682,377 | 1% | ||
multifacetas | 0 | 2,996,325,247 | 2.5% | ||
witkowskipawel | 0 | 860,163,191 | 2.5% | ||
chipdip | 0 | 833,122,038 | 10% | ||
double-negative | 0 | 520,689,831 | 20% | ||
samsemilia7 | 0 | 983,862,624 | 39% | ||
steemegg | 0 | 1,049,522,616 | 2.5% | ||
edithbdraw | 0 | 730,264,402 | 2.5% | ||
eternalsuccess | 0 | 6,080,779,784 | 5% | ||
hairgistix | 0 | 2,953,906,957 | 2.5% | ||
bluemaskman | 0 | 575,034,076 | 2.5% | ||
steemean | 0 | 9,989,044,279 | 5% | ||
proxy-pal | 0 | 1,031,781,163 | 5% | ||
historiasamorlez | 0 | 539,863,279 | 2.5% | ||
dawnoner | 0 | 2,263,697,846 | 0.5% | ||
epicdice | 0 | 1,696,380,869 | 1.5% | ||
iamsaray | 0 | 1,055,504,754 | 2.5% | ||
endersong | 0 | 674,272,598 | 4% | ||
robibasa | 0 | 30,882,353,050 | 10% | ||
isaaclim | 0 | 2,383,735,946 | 100% | ||
qwerrie | 0 | 5,047,285,826 | 0.37% | ||
tinyhousecryptos | 0 | 456,703,956 | 5% | ||
tggr | 0 | 1,410,515,141 | 2.5% | ||
aicu | 0 | 1,020,637,301 | 5% | ||
reggaesteem | 0 | 475,427,128 | 5% | ||
aicoding | 0 | 514,746,046 | 2.5% | ||
baltai | 0 | 5,491,753,236 | 2.5% | ||
machan | 0 | 667,710,581 | 2.5% | ||
ibt-survival | 0 | 43,890,631,049 | 10% | ||
jennyferandtony | 0 | 1,432,502,170 | 100% | ||
gloriaolar | 0 | 1,572,014,498 | 1.5% | ||
willielow | 0 | 393,680,145 | 100% | ||
monica-ene | 0 | 2,488,040,647 | 2.5% | ||
thisismylife | 0 | 93,389,450,453 | 90% | ||
holoferncro | 0 | 1,906,333,890 | 5% | ||
hiveonboard | 0 | 1,302,654,666 | 2.5% | ||
kiemurainen | 0 | 5,670,666,195 | 2.1% | ||
palimanali | 0 | 461,258,702 | 2.5% | ||
quinnertronics | 0 | 13,674,923,007 | 7% | ||
anafae | 0 | 706,050,151 | 1% | ||
hivecoffee | 0 | 729,945,520 | 5% | ||
sevenoh-fiveoh | 0 | 989,853,673 | 2.5% | ||
altleft | 0 | 25,594,729,687 | 0.05% | ||
noalys | 0 | 723,840,182 | 2.5% | ||
evagavilan2 | 0 | 1,556,811,866 | 2.5% | ||
cosplay.hadr | 0 | 1,138,883,006 | 5% | ||
hadrgames | 0 | 1,154,345,560 | 5% | ||
meritocracy | 0 | 69,750,339,884 | 0.5% | ||
dcrops | 0 | 23,915,788,940 | 2.5% | ||
zanoz | 0 | 1,083,504,087 | 2.5% | ||
whywhy | 0 | 2,089,414,860 | 1.4% | ||
traderhive | 0 | 846,445,569 | 5% | ||
cryptosneeze | 0 | 1,566,311,000 | 2.5% | ||
tawadak24 | 0 | 3,964,882,549 | 2.5% | ||
ausbit.dev | 0 | 492,157,442 | 2.5% | ||
elgatoshawua | 0 | 756,894,161 | 2.5% | ||
limn | 0 | 793,085,176 | 2.5% | ||
mayorkeys | 0 | 1,595,212,460 | 30% | ||
failingforwards | 0 | 2,962,887,648 | 2.5% | ||
trippymane | 0 | 1,250,810,610 | 5% | ||
nfttunz | 0 | 8,373,932,755 | 0.5% | ||
atexoras.pub | 0 | 1,383,397,919 | 2.5% | ||
holovision.cash | 0 | 2,989,836,605 | 100% | ||
jessicaossom | 0 | 706,722,028 | 2.5% | ||
mmckinneyphoto13 | 0 | 3,820,260,846 | 2.5% | ||
kalivankush | 0 | 708,560,530 | 2.5% | ||
aries90 | 0 | 38,840,237,777 | 5% | ||
rencongland | 0 | 553,958,282 | 2.5% | ||
acantoni | 0 | 599,530,729 | 2.5% | ||
blingit | 0 | 3,536,398,502 | 2.5% | ||
h3m4n7 | 0 | 860,727,924 | 2.5% | ||
yixn | 0 | 15,695,952,142 | 2.5% | ||
waivio.curator | 0 | 2,169,242,910 | 4.07% | ||
newilluminati | 0 | 12,945,589,166 | 2.5% | ||
noctury | 0 | 694,704,076 | 2.5% | ||
albuslucimus | 0 | 800,496,302 | 0.5% | ||
netvalar | 0 | 23,208,673,988 | 50% | ||
azj26 | 0 | 5,306,015,817 | 16% | ||
balabambuz | 0 | 637,625,059 | 2.5% | ||
prosocialise | 0 | 11,791,705,162 | 2.5% | ||
ghostlybg | 0 | 514,040,000 | 2.5% | ||
shawnnft | 0 | 781,265,848 | 0.5% | ||
belug | 0 | 5,128,560,416 | 1.5% | ||
mugueto2022 | 0 | 550,688,959 | 20% | ||
baboz | 0 | 1,361,736,833 | 1.25% | ||
llunasoul | 0 | 767,718,520 | 1.23% | ||
growandbow | 0 | 15,715,875,382 | 1.23% | ||
acgalarza | 0 | 3,886,452,998 | 1% | ||
jijisaurart | 0 | 2,160,350,899 | 2.5% | ||
wasined | 0 | 9,568,370,321 | 5% | ||
clpacksperiment | 0 | 2,810,829,634 | 2.5% | ||
the-burn | 0 | 1,455,897,377 | 2.5% | ||
humbe | 0 | 7,611,327,416 | 2% | ||
dresden.theone | 0 | 2,185,924,338 | 2.5% | ||
jhymi | 0 | 5,133,082,500 | 2.5% | ||
whitneyalexx | 0 | 788,286,289 | 2.5% | ||
lettinggotech | 0 | 1,149,573,390 | 2.5% | ||
hd-treasury | 0 | 552,758,796 | 2.5% | ||
rhemagames | 0 | 4,695,095,286 | 2.5% | ||
kryptof | 0 | 5,172,442,643 | 10% | ||
trautenberk | 0 | 19,104,112,816 | 100% | ||
thewobs94 | 0 | 1,804,326,413 | 100% | ||
janwrites | 0 | 3,586,972,087 | 5% | ||
endhivewatchers | 0 | 0 | 0.5% |
Congratulations @hooiyewlim! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s) <table><tr><td><img src="https://images.hive.blog/60x60/https://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week.</td></tr> </table> <sub>_You can view your badges on [your board](https://hivebuzz.me/@hooiyewlim) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> **Check out our last posts:** <table><tr><td><a href="/hive-122221/@hivebuzz/pum-202501-delegations"><img src="https://images.hive.blog/64x128/https://i.imgur.com/fg8QnBc.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202501-delegations">Our Hive Power Delegations to the January PUM Winners</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pud-202502-feedback"><img src="https://images.hive.blog/64x128/https://i.imgur.com/zHjYI1k.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202502-feedback">Feedback from the February Hive Power Up Day</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202501-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/mzwqdSL.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202501-result">Hive Power Up Month Challenge - January 2025 Winners List</a></td></tr></table>
author | hivebuzz |
---|---|
permlink | notify-1738556937 |
category | teammalaysia |
json_metadata | {"image":["https://hivebuzz.me/notify.t6.png"]} |
created | 2025-02-03 04:28:57 |
last_update | 2025-02-03 04:28:57 |
depth | 1 |
children | 0 |
last_payout | 2025-02-10 04:28:57 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 1,458 |
author_reputation | 369,203,078,084,020 |
root_title | "Bitcoin's Steep Drop: Analyzing Key Indicators Behind the Decline" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 140,513,760 |
net_rshares | 0 |
You received an upvote of 16% from Precious the Silver Mermaid! Please remember to contribute great content to the #SilverGoldStackers tag to create another Precious Gem.
author | ssg-community |
---|---|
permlink | hooiyewlim-ssg-community-20250203t003547504z |
category | teammalaysia |
json_metadata | {"app":"precious/2.0"} |
created | 2025-02-03 00:35:48 |
last_update | 2025-02-03 00:35:48 |
depth | 1 |
children | 0 |
last_payout | 2025-02-10 00:35:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 171 |
author_reputation | 94,341,849,109,994 |
root_title | "Bitcoin's Steep Drop: Analyzing Key Indicators Behind the Decline" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 140,511,070 |
net_rshares | 0 |