Hello everyone! This is the trader-analyst from CryptoRobotics, and here is your daily analysis.
The Bitcoin scenario remains mostly unchanged as we continue to move sideways. Buyers have not stepped in yet, but movement toward the upper boundary of the range is still the priority. This is indicated by the absorption of market selling, seen through the cumulative delta.
We are currently being squeezed into a very narrow range, so we can expect a strong breakout in either direction soon.
Sell Zones:
$95,000–$96,700 (accumulated volume),
$97,500–$98,400 (initiative volume pushing upward),
$107,000–$109,000 (volume anomalies).
Buy Zones:
$82,700–$81,400 (high-volume area),
Level at $74,800,
$69,000–$60,600 (accumulated volume).
What do you think — which direction will the current range break?
Share your opinion in the comments — it’s always interesting to compare views!
*This publication is not financial advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.