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...
Yesterday, Bitcoin continued its upward movement and again came very close to reaching six-figure values. The movement's character is rather weak, with reduced volumes and volatility, but we don't observe any reversal volumes or delta anomalies. We expect the upward movement to continue and keep in mind a probable correction from values > $100,000, due to market...
Yesterday, Bitcoin reached a new ATH again, this time the breakout was genuine, and the volumes accumulated during the sideways movement are now positioned long. A new support zone has formed at $92,000-$89,400 (accumulated volumes). At the moment, we are in an impulse phase, with no signs of profit-taking, so we will soon see a six-figure number for the first...
Yesterday, we once again tested the $92,000 level for the leading cryptocurrency and confirmed that it showed strong push volumes from buyers. After that, we updated the ATH, but there was no impulsive breakout. The volumes accumulated during the flat period have not yet been positioned, so this breakout should not yet be considered genuine. Buy Zones: ~$80,000...
The Bitcoin scenario has hardly changed, we are still trading within the range, but at the moment, volumes have appeared at $92,000, which could be a turning point. In this case, and with a strong seller reaction from this mark, we may see a movement to the lower boundary of the flat. Buying zones: ~$80,000 (volume anomaly), $77,000-$74,000 (large volume...
WHAT HAPPENED? Last week, Bitcoin reached the crucial $90,000 mark and entered a prolonged sideways movement lasting a week. WHAT WILL HAPPEN: OR NOT? Currently, the priority remains long positions, but a negative factor is the cumulative delta, which has been increasing throughout this flat movement. This indicates that market buying is being absorbed by...
Yesterday, we attempted to resume the upward movement in Bitcoin from $90,000, but unfortunately, the buying pressure was weak. At the moment, we have returned to the volume zone of $90,000-$86,000, from which no positioning has yet emerged. We expect further rotations and are closely watching the test of $90,000, as a reaction in either direction could set the...
Yesterday, Bitcoin followed the opposite scenario and reached a new local high. At the $90,000 level, a significant number of short positions were liquidated, which is evident from the abnormal delta and volume anomalies at this mark. Currently, we can expect the continuation of the upward movement, as the $90,000 level was retested and acted as resistance. In...
Regarding Bitcoin, we have met the scenario indicated yesterday and formed a local sideways movement with a slight expansion to the downside. Currently, the scenario remains the same, with potential for continued rotations within the range, possibly with a false break of the local low to capture liquidity. Opening long positions at current spot prices is not...
Yesterday, as expected, Bitcoin continued its upward movement and has now reached the significant level of $90,000. Currently, there is an absorption of buying pressure indicated by the cumulative delta, which suggests a high probability of a correction or the formation of a balanced structure within the $90,000-$86,800 range. No new strong buying zones have...
WHAT HAPPENED? Last week was a landmark for the entire crypto community. Against the background of the announcement of the preliminary results of the US presidential election and the leadership of Donald Trump, bitcoin resumed its upward movement. It almost completely ignored all resistance zones and updated its ATH, adding more than 20%. During the growth, an...
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...