Swissblock's BTC Loss: No Risk-Off Signal Activated
Swissblock's BTC Loss: Swissblock reported a $110K loss in Bitcoin without triggering its Risk-Off Signal, demonstrating the effectiveness of their quantitative risk management approach amidst market volatility.
Impact on Market Dynamics: The incident highlights the implications of Bitcoin's volatility on correlated assets like ETH and altcoins, indicating that Swissblock's proprietary systems remained stable despite significant price movements.
Leadership and Strategy: Swissblock's leadership emphasizes a systematic approach to risk management, combining quantitative analytics with a deep understanding of market dynamics to navigate through volatility effectively.
Future Outlook: The company’s strategy focuses on self-reliance and adaptability, with potential future advancements in crypto management that align with their robust risk management protocols, built to withstand market turbulence.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36462.09 | 48231.045 | 61197.84 | 72966.795 | 85933.59 | 97702.545 | 110669.34 |
| Fibonacci | 48231.045 | 57680.101 | 63517.738 | 72966.795 | 82415.852 | 88253.488 | 97702.545 |
About BTC
About the author







