According to Michaël van de Poppe (@CryptoMichNL), BTC was rejected at its all-time high in a standard resistance reaction after multiple prior tests, source: Michaël van de Poppe (@CryptoMichNL). He highlights active sell walls at the current price level that he expects to be removed, source: Michaël van de Poppe (@CryptoMichNL). He adds that once these sell walls are cleared, BTC could follow gold’s strength and print new all-time highs, source: Michaël van de Poppe (@CryptoMichNL).

According to Material Indicators, a developing trend in the Bitcoin order book suggests potential trading strategies. The analysis highlights significant buy and sell walls that could influence price movements in the short term. Traders are advised to pay attention to these levels for potential entry and exit points. This insight is based on real-time data from the order book, providing a concrete basis for strategic trading decisions. (Source: Material Indicators via Twitter)