Yesterday, Bitcoin tested the local high once again, but the update was relatively weak. Currently, it is more likely that we will retest the significant volume zone of $75,000-$73,500, from which a buyer's reaction and a resumption of purchases are expected. If there is no reaction, we will shift to a downward structure. Buy zones: $75,000-$73,500 (volume...
Yesterday, Bitcoin retested the $75,000 level we mentioned earlier, but only encountered pushing volume rather than a halt, after which it reached a new ATH again. On one hand, it’s good that the $75,000 level responds in favor of buyers, with anomalies appearing there for the fourth time, making it a crucial point at the moment. On the other hand, the new ATH...
Yesterday, we saw a full reversal on Bitcoin, almost completely ignoring resistance zones and updating the previous ATH. This happened against the backdrop of preliminary election results showing D. Trump leading in the U.S. presidential race. Currently, the maximum price of Bitcoin stands at $75,407. We've already seen a reaction from the mirror zone at...
Yesterday in Bitcoin, we completely filled the sell zone of $67,500–$66,800 (the highest volume of the range). We’ve already seen initial signs of a reversal. Each new update of the local low was accompanied by delta absorption from buyers. We prioritize a move to the next sell zone; however, in a reverse scenario, the decline could continue down to $63,000. ...
WHAT HAPPENED? Last week, growth continued and the ATH for bitcoin was almost reached. At the breakdown of the important $72,000 level, a large number of liquidations and volume anomalies appeared, which stopped the price and provoked a correction. We warned about it on Wednesday in our blog on TradingView. As a result, the market followed a lower priority...
Yesterday, Bitcoin reached the lower boundary of the volume zone at $71,000 but showed no reaction and consolidated below this level. Currently, we are in a local downtrend and have already approached the nearest buyer zone at $70,000-$68,900 (push volumes). For now, the scenario of a quick update to the all-time high is on hold. At this moment, there is no...
Yesterday, as we anticipated, Bitcoin paused and went into a slight correction. Currently, selling pressure is fairly weak, but for now, we can expect continued rotations within the current volume zone and its boundaries at $73,000-$71,000, with a priority for an upward breakout and a test of the ATH. Buy zones: $70,000-$68,900 (pushing...
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...
Yesterday, we continued to see growth in Bitcoin and broke through the key level of $70,000. A new support zone has formed from pushing volumes in the $70,000-$68,900 range. Currently, there are no major corrections, but a slight pullback within the nearest buyer volume zones is possible. Priority remains on buying, and short positions should not be considered...
WHAT HAPPENED? Last week, as expected, we broke through the sloping line and started a downward movement. Only the strong volume zone of $66,000-$65,100 (volume reaction), which we noted, could stop it. After receiving a reaction from the buyer, bitcoin was trading sideways for the rest of the week. WHAT WILL HAPPEN: OR NOT? At the moment, we’re above the...
Yesterday, we broke through the volume zone of $66,900-$67,600 (volume zone) for Bitcoin, and at the moment, we are retesting it again, but from the opposite side. There is a high probability of an upward movement developing and updating local maximums from current prices. In the absence of a buyer, we may test the local minimum of $65,280 to gather additional...
Yesterday, as expected, Bitcoin dropped to the next buyer zone of $66,000-$65,100 (volume reaction) and bounced back. At the moment, we are within the local selling zone of $66,900-$67,600 (volume zone). The movement has stopped, but no abnormal activity has been observed, so if this zone is breached in the upward direction, long positions should be...
Yesterday, we attempted to overcome the local high of the sideways range in Bitcoin and then moved into an expansion in the downward direction, as we had anticipated. At the moment, we should expect a test of the nearest buyer's zone. From there, we will monitor the reaction and, if possible, implement long ideas. A new local seller's zone has also formed at...
Yesterday, we realized our main scenario for Bitcoin and transitioned to a downward trend. We didn't reach our zone of interest, but instead bounced off the lower boundary of the accumulated volume zone according to the market profile. At the moment, rotation within the range of $66,600-$69,000 is likely, with a probable capture of liquidity from below and a test...
WHAT HAPPENED? Last week, we implemented one of the scenarios we noted for bitcoin – we consolidated above the zone with anomalies along the delta and continued the upward movement. WHAT WILL HAPPEN: OR NOT? At the moment, we’re close to significant levels where the seller can prove himself. There is also a weakness of the buyer – the highs are updated...
Yesterday, we fulfilled the scenario outlined in the previous post for Bitcoin. During the decline, we encountered the first defense and immediately got a bounce. At the moment, we are near the local high. Expectations remain the same – growth to the next significant resistance. Rotation within the $68,500-$66,600 range is also possible, followed by an upward...
Yesterday, Bitcoin continued its upward movement, tested the local high, encountered resistance, and went into a correction. At the moment, selling pressure is quite weak, so any buyer support will resume the upward movement. Expectations remain the same - continuation of buying up to the next resistance zone. A less likely scenario is the absence of buyer...
Yesterday, Bitcoin experienced increased volatility. We consolidated above the important volume level of $66,000, completely filled the selling zone of $66,500-$68,200 (volume zone), and immediately fell back. At the moment, we expect the upward movement to continue. Several factors support this scenario: absorption of sales by delta and a repeated reaction at...