We received another wave of sales for Bitcoin , reaching the previous local extremum of $59,700, but we did not get a false breakout of the level. Currently, there is a perceived weakness in sales, so it is very likely that from the current prices we can go up to ~$70,000. But still, a test of $59,000 remains likely. Sales zones and possible targets for the...
We tested the $60,700 level on Bitcoin , but the buyer's response is quite weak. Therefore, with a higher probability, the $59,000 level will also be tested. New areas of interest have not been formed. Buyer zones: $57,200-$56,200 (small volume anomaly zone), $53,600-$53,000 (pushing volume zone). Seller zones: $69,400-$71,000 (market aggression of the...
Yesterday, we bounced off the buyer's zone in bitcoin , but the movement is very weak. Now a re-spill and test of the lower extremes $60,700 and $59,000 is very likely. Open long positions are better to be transferred to break-even. The bull market will only be broken with a true breakout of these marks, until that moment longs are a priority. Sale zones: ...
Regarding Bitcoin , as predicted yesterday, we have received another wave of sales and have now come into our area of interest $63,000-$61,600, from which we are already getting a buyer's reaction. So far everything does not look so rosy in favor of the buyer, the market reaction is undoubtedly present, but we can talk about a full-fledged change in the local...
Bitcoin (BTC): $66,355.59 (+2,98%) Bitcoin Dominance: 55.36% Fear and Greed Index: 74 (greed) WHAT HAPPENED? 📈 At the end of last week, bitcoin lost a little more than 14% of its value — this was caused by the escalation of the conflict in the Middle East. According to CoinGlass, long positions worth $1,700,000,000 were liquidated in 3 days. Several local...
For the last 2 days, we have been in a narrow flat for bitcoin , where signs of market buyer activity are present. Primarily, we can expect an upward direction and filling the volume sales zone -$71,800-$72,500. If it goes down, pay attention to the buyer zones : ~$68,000(volume protection), $66,200-$65,400(market aggression zone of the buyer),...
Yesterday, we completely filled the buyer's area at ~$68,000 (absorption of sales) on Bitcoin , got a bounce back and are now trading higher. A correction within the local growth and filling of the volume sales zone $71,800-$72,500 can be expected. Buyer's zones: ~$68,000(the zone remains active, we got good fills by volumes from it), $66,200-$65,400(zone of...
We did not receive the necessary support for Bitcoin at the retest of $70,000 and settled below it. Now we have closely approached our buy zone ~$68,000 (absorption of sales). It's too early to talk about a full reversal, we need to get additional confirmations, also a deeper test of the marked zone is possible. Buyer zones below: $66,200-$65,400 (zone of...
Yesterday , we continued to grow in Bitcoin and have completely filled our sales zone -$71,500-$73,000 (accumulated volume zone), and got a reaction from it, as we said earlier we do not use these prices for opening global short positions. Now we have received a little support at $70,000, when retesting this mark and buyer's reaction, you can open long positions...
Bitcoin (BTC): $71,156.82 (+2,55%) Bitcoin Dominance: 54.43% Fear and Greed Index: 76 (greed) 📈 WHAT HAPPENED? Last week, BTC exited the sideways movement and began to move in a downward direction, but the fall was stopped by market aggression on the part of the buyer. Now we have fully recovered to the initial flat levels and continue to grow. 💼WHAT WILL...
Regarding Bitcoin , as planned, we continued to trade within two volume zones in a flat. The scenario has not changed. We can still expect to exit from the trade with a priority in long and filling the sale zone -$71,500-$73,000 (accumulated volume zone). Buyer zones: ~$67,300 (delta imbalance level), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small...
Yesterday we had a false breakout of two borders of the local flat on Bitcoin. The current situation speaks more in favor of continuing the sideways movement. During yesterday's squeezes, 2 local volume zones were formed, which I marked with yellow lines, the flat may continue between them. The priority scenario is to move in an upward direction and fill the ...
The scenario for Bitcoin hasn't changed much since yesterday. Upon entering the support zone of $70,000-$68,900, we went into a flat range. Expectations are the same - continuation of the upward movement. Locally, false breakouts of the local level of $69,270 are possible. If there is a true breakout, we pay attention to the lower zones. Buyer Zones: ...
Yesterday, we finally came out of the local sideways movement in Bitcoin , and now we are closely approaching our resistance zone- $71,500-$73,000 (accumulated volume zone). During the rise, we formed several zones with increased buyer activity, which we are now considering as support : $70,000-$68,900 (pushing volume), ~$67,300 (delta imbalance level). Main...
Bitcoin (BTC): $66,926.79 (+3,68%) Bitcoin Dominance: 53.35% Fear and Greed Index: 75 (greed) WHAT HAPPENED? Last week, for bitcoin, we received a natural rebound from the $61,500-$63,000 zone, and now we're trading at a price of ~$67,000. WHAT WILL HAPPEN: OR NOT? Now we can expect further rotation within the marked range. There may be false level...
We continue to see a local drop in Bitcoin from our area of interest yesterday ($67,000-$68,200). Currently, the main expectations are entry into the buyer's zone ($64,000-$62,400) and the resumption of longs. It is also possible to resume purchases after a false breakout of the local extremum of 60,800 and the absorption of liquidity at this level. The...
On Bitcoin we are trading according to yesterday's scenario. We got a full-fledged rebound and again changed the medium-term trend to upward. Now we are in the selling zone ($67,000-$68,200), but the priority remains with the longs. Locally we can drop to $66,400-$66,000(local buyer aggression) and continue the movement, or get a more protracted correction to...
On Bitcoin we have entered the buyer's interest zone and have received a slight bounce. Each local low during the fall was accompanied by absorption of sales by delta, so potentially we can get a local upward movement to the higher marks. Buyer zones: $63,000-$61,500(current zone), $57,200-$56,200 (small volume anomaly zone), $53,600-$53,000 (pushing volume...