Hello everyone! This is CryptoRobotics’ trader-analyst with your daily market analysis.
Yesterday, Bitcoin continued its almost uninterrupted upward movement and is now approaching our key long-term resistance zones.
In the coming days, we can expect a pullback within the bullish trend toward the $92,000 area, where a strong imbalance in delta and buying activity has been observed.
Now is not the time to fall into FOMO and enter long positions at market price — it's better to wait for the mentioned local retracement.
We've adjusted one of the buyer zones based on the broader context.
The previous $90,300–$89,500 (potential pushing volume zone) has now transformed into $92,000–$90,000 (strong buying imbalance zone).
Sell Zones:
$95,000–$96,700 (accumulated volume)
$97,500–$98,400 (pushing volume)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$92,000–$90,000 (strong buying imbalance)
$88,100–$87,000 (absorption of market selling)
$85,500–$84,000 (accumulated volume)
$82,700–$81,400 (volume cluster)
$74,800 (key level)
$69,000–$60,600 (accumulated volume)
Do you think we’ll hit $100,000 this week?
Drop your thoughts in the comments — it’s always interesting to compare perspectives!
This publication is not financial advice.
Unlock your potential in trading
Related publications
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.
Unlock your potential in trading
Related publications
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.