WHAT HAPPENED? At the beginning of last week, as expected, bitcoin resumed its upward movement. But already at the local maximum and round number of $100,000, before reaching the important selling zone, it rebounded and the price moved in a downward direction for the remaining days. At the moment, a local lateral line with clear boundaries has been formed. A...
Yesterday, after a decline in Bitcoin, signs of defense appeared and each new drop was absorbed by buyers. Currently, there is a high probability of a reversal and movement towards the selling zone of $100,000-$102,000. Upon renewal and consolidation above the zero point of $96,630 on the hourly timeframe, an intraday long position can be considered on a...
Yesterday, Bitcoin got squeezed into an even tighter sideways range near the upper boundary of the range. A full false breakout of the $99,600 level with liquidity capture did not follow. At the moment, we have transitioned to a decline. On the cumulative delta, we observe absorption of sells through limit orders, therefore we prioritize expecting a resumption of...
Yesterday, Bitcoin resumed its upward movement without capturing liquidity below the lower level. We have now completed the local downtrend and shifted to a sideways phase. In the near term, we should expect rotation within the $99,600-$92,300 range with potential false expansions in both directions. A consolidation above the nearest selling zone will set the...
Yesterday, Bitcoin continued its decline. We don't observe strong buying activity yet, so in the near future, a test of the local minimum of $92,300 is most likely to capture additional liquidity. According to cumulative delta, there is absorption of sales through limit orders, which increases the probability of a false breakout and the development of an upward...
WHAT HAPPENED? Over the past week, bitcoin has been correcting after another ATH update. The upward movement was expected to resume, but the reaction from the buy zone didn’t occur properly. The reaction was received only from the $97,000-$94,200 zone. WHAT WILL HAPPEN: OR NOT? At the moment, a reserve for a price reversal may be forming. Upon repeated...
Bitcoin did not follow the priority scenario and broke through the buying zone of $102,000-$100,000 (accumulated volume) without a proper secondary reaction. At the moment, the local scenario has shifted to bearish, with all major volumes located above, so we only consider going long after confirmation or consolidation above the now mirrored selling zone of...
It's been about 2 weeks since our last analysis, and now we're returning with daily posts on weekdays, except for the New Year holidays of course.) During this time, Bitcoin traded within our two marked volume zones $100,000-$103,000(cluster anomalies) and $97,000-$94,400(braking volume) and has already managed to break out of this sideways movement, setting a...
Yesterday for Bitcoin, we followed a less priority scenario and experienced a strong decline, testing 2 buyer zones at once. At the moment, a balance structure is likely to develop between the two zones, and until we overcome the new selling zone, going long is not recommended. Selling zone: $100,000-$103,000 (cluster anomalies). Buying zones: ...
Yesterday, Bitcoin captured additional liquidity from below and moved into a pump. Finally, it managed to break $100,000, and the breakout was genuine. At the moment, there are no strong fixes that could reverse the price right now. A strong pushing volume has focused at the $100,000 mark, we consider this level and the zone near it as support. In the absence of...
Yesterday, Bitcoin made a downward expansion, tested the buying zone of $94,000-$92,500, and returned to balance. At the moment, we should expect another wave of selling, as buying is quite weak, with delta rapidly falling throughout the growth period, indicating buying exhaustion. A volume anomaly has appeared at $96,000, which hasn't yet received full...
Yesterday, Bitcoin buying resumed from $95,000, but this growth was almost immediately absorbed. Currently, we continue to trade in a sideways pattern. We still have a slight advantage towards buying. False expansions in both directions are possible in the near future. Priority remains with longs. Buying zones: $94,000-$92,500 (small zone of accumulated...
WHAT HAPPENED? Last week, Bitcoin started to decline but almost fully recovered by the end of the week. Most of the time, we were in a narrow rotation without a clear bias to either side. WHAT WILL HAPPEN: OR NOT? Currently, we’ve captured liquidity at $95,000, and it’s reasonable to expect a resumption of buying. Earlier, sellers failed to resume activity...
Yesterday, Bitcoin continued its decline with low volatility. By today, there has been a delta shift towards market buyers and Bitcoin has resumed its growth. Over the past 2 days, there hasn't been a single large cluster, trading is moving by inertia, so a balanced structure development is likely now. Testing the nearest buyer zone is still possible. The...
Yesterday, Bitcoin resumed its upward movement to $96,000, where seller volumes were concentrated. Strong market sales were observed within these price levels, which did not yield results and were absorbed. Most likely, after a brief correction, we will resume the upward movement from $94,000-$92,500. At the moment, there is no clear advantage in activity...
Yesterday, Bitcoin continued its decline to the important zone of $92,000-$89,400 (accumulated volumes), from which we have already received an initial bounce. At the moment, the reversal structure is not complete. A continuation of the downward movement and deeper filling of the buyer's zone is possible, or rotation within $96,000-$90,000. The dominance of the...
Yesterday for Bitcoin, the attempt to resume buying was absorbed by strong market sellers. At the moment, we don't see any reversal formations for long positions. Most likely we will reach the important buyer zone of $92,000-$89,400 (accumulated volumes), from where we'll monitor the reaction and expect a rebound. Seller volumes are focused around $96,000, which...
WHAT HAPPENED? Last week, Bitcoin finally broke out of its sideways movement, positioning accumulated volume into long positions. The new ATH of the first cryptocurrency has almost reached six figures. WHAT WILL HAPPEN: OR NOT? Currently, the main expectation is a retest of the maximum level - the nature of the breakout will show the further trend in the...