Bitcoin and altcoin overview (October 30-31)
Yesterday, Bitcoin continued its upward movement and tested the important level of $72,000. During an attempt to break through, a large number of short positions were liquidated, and we are currently trading within this range.
The ATH (All-Time High) is closer than ever, but there is now a chance of a correction. All sell zones have been filled, and the only projected short is possible from current levels. After Bitcoin reaches a new peak, we will only observe predictive liquidations and deviations in delta and volumes.
Buying zones:
$70,000-$68,900 (pushing volumes)
$67,500-$66,800 (maximum volume in the range)
$63,100-$62,500 (mirror volume zone)
$60,000-$59,000 (buyer activity)
Interesting altcoins:
For REEF, we are considering a continuation of the upward movement from the zone with volume anomalies at $0.0015-$0.00148 if there is a reaction, or on a false breakout of the $0.01464 level.
The ATH (All-Time High) is closer than ever, but there is now a chance of a correction. All sell zones have been filled, and the only projected short is possible from current levels. After Bitcoin reaches a new peak, we will only observe predictive liquidations and deviations in delta and volumes.
Buying zones:
$70,000-$68,900 (pushing volumes)
$67,500-$66,800 (maximum volume in the range)
$63,100-$62,500 (mirror volume zone)
$60,000-$59,000 (buyer activity)
Interesting altcoins:
For REEF, we are considering a continuation of the upward movement from the zone with volume anomalies at $0.0015-$0.00148 if there is a reaction, or on a false breakout of the $0.01464 level.
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