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...
Yesterday, for Bitcoin, we immediately realized our first noted scenario with consolidation above and a test of the subsequent sell zone $66,500-$68,200 (volume zone). The growth was accompanied by a large amount of market activity from buyers, which was noted on the cluster chart as an imbalance in delta (a strong bias in this indicator relative to the last...
WHAT HAPPENED? Last week, we saw a correction in bitcoin. The large buy zone of $62,600-$60,800 didn’t give any reaction, so the first cryptocurrency needed to capture liquidity from the local level of $59,850 to make a full-fledged reversal. Now we’ve already overcome the sell zone of $61,800-$62,900 (the zone of accumulated volumes). It has become a mirror...
Yesterday, we tested the $59,850 level for Bitcoin . On the 4-hour timeframe, this is still just a false breakout. We have now created a setup for a reversal, with buyer activity focused between $60,000-$59,000. The best outcome for the bulls would be to test the nearest selling zone and then retest the new buying zone, from which we expect a resumption of a...
Yesterday, as expected, we moved to a decline in Bitcoi n. With a deeper filling of the $62,600-$60,800 zone, there was no reaction, so traders' main attention is focused on the local low of $59,850, which we will be testing in the near future. A volume zone of $61,800-$62,900 has formed above, which is currently acting as a resistance zone. The priority...
Yesterday, we attempted to grow out of the buyer's zone $62,600-$60,800 (volume zone) for Bitcoin and encountered local resistance. At the moment, the most likely scenario is the development of a local downward movement and a deeper filling of the mentioned volume zone. Predictive liquidations of long positions are located at approximately $61,200, so it's...
Yesterday, Bitcoin reached the next selling zone of $64,300-$65,000 (mirror zone), we saw volume protection at $64,150 and then moved into a decline. At the moment, we are within a large buying zone, from which we expect a resumption of upward movement in the global perspective. Already now, we can notice a small absorption of sales on the cumulative delta. ...
WHAT HAPPENED? Last week, we didn’t justify the main scenario with a quick resumption of buys. On the contrary, bitcoin showed a significant decline, breaking through 2 important buyer zones. This outcome was influenced by the escalation of the conflict in the Middle East. Nevertheless, we’ve found support at the next zone and are already forming a reversal...