The fundamental indicators of the leading cryptocurrency nevertheless improve. At the moment, the BTC fundamental force indicator, which tracks the strength of 17 fundamental and technical indicators, does not overheat and begins to grow.
17 indicators include the Bitcoin relative strength index ( RSI ), its profit margin, its realized PnL, its real value-to-value ratio, its balanced capitalization, realized HODL waves and so on.
Thus, in the next few days it will be possible to see another attempt to break through the level of 23,800. While the activity of bulls is low, which makes it possible for bears to more actively move the price of Bitcoin in a downward direction.
Nevertheless, bulls have a chance to make a leap up, and most likely in the next 2-3 days the probability of a boost in Bitcoin's price increases.
Bulls will try to overcome the level of $ 25,100, and bears keep the level of $ 24,000-23,800 in the short term.
