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...
Yesterday, the scenario we described for Bitcoin was confirmed. We made a false breakout of the local low and received a bounce. At the moment, we primarily expect the sideways movement to expand in the upward direction (testing the local high of $62,400). So far, market purchases are quite weak, and we can't talk about a full-fledged reversal yet; we need to...
Yesterday, we validated our described scenario for Bitcoin and started trading sideways between two volume zones. At the moment, on the cluster chart, we can observe anomalies located in the lower part of the flat. With a false breakout of $63,000, a resumption of buying up to the next selling zone is likely. In the absence of a repeated buyer reaction at the...
Yesterday, we saw another wave of decline in Bitcoin , which we warned about yesterday. The escalation of the conflict in the Middle East influenced the strength of the decline. As a result, we reached the next buyer's zone, within which we continue to trade. During the decline, new volume zones formed, which are now located above the current price, which is...
Yesterday, for Bitcoin , we implemented a less likely scenario, broke through the nearest buying zone, and turned it into a mirror zone. We received a reaction from the next support zone of $63,600-$62,800 (accumulated volume zone) and are now trying to consolidate above it. At the moment, the cumulative delta shows hidden absorption of purchases, so we should...
Bitcoin (BTC): $64,581.36 (-1.37%) Bitcoin Dominance: 57.31% Fear and greed Index: 61 (greed) 📈 WHAT HAPPENED? Last week turned out to be low-volatility for bitcoin. But we fulfilled the main plan for the movement and reached the next goal — the sell zone of $66,100-$68,200 (volume zone). We received a reaction from sell and dropped to the local buyer's...
Yesterday, we received no seller protection for Bitcoin and broke through the current range. At the breakout point of $65,500, a significant amount of liquidations were observed, above which we are currently trying to consolidate. It’s important to remember the selling zone of $66,100-$68,200, which we are now approaching closely, so it’s better to wait before...
Yesterday, we realized the second scenario for Bitcoin : we decreased to the $63,300-$62,800 zone with volume retention and received a reaction from buyers. Purchases at the moment are not supported by volumes, so we are likely to get a reaction from sellers, which will need to be overcome for a full resumption of the upward movement. We prioritize expecting the...
Yesterday, Bitcoin saw a volume hold at around ~$63,150, and we moved to test the previously marked volume anomaly at $64,500, as well as the local high. We were unable to break through these levels. Currently, we are trading within a local volume zone, and there has not been a full-fledged bounce yet. The bullish scenario could play out either from the current...
Since yesterday, Bitcoin has returned to balance, and we are trading with inertia. No significant volume deviations have been observed. Locally, we should still expect a retest of the anomaly at $64,500 and the important level of $65,000. If this level is defended again, we could see a correction towards the next marked volume support zone. Globally, there are...
Bitcoin (BTC): $63,518.30 (+0.91%) Bitcoin Dominance: 57.67% Fear and Greed Index: 50 (neutral) WHAT HAPPENED? Last week, for bitcoin, we fully justified the scenario we marked and reached the intermediate target — the sell zone of $63,000-$64,300 (the zone of accumulated volumes). Sells from this zone are quite weak, but at the same time we were unable to...
Yesterday, Bitcoin continued its upward movement and reached our sales zone of $63,000-$64,300 (accumulated volume zone), from which we received a reaction. At the moment, a correction can be expected, but within the framework of the upward trend. The decline may stop at the local low of $62,600, the new local volume zone of $62,400-$62,000, or the more global...
Yesterday, we moved within our scenario for Bitcoin —between two volume zones. After the news from the US Federal Reserve about the reduction of the key interest rate, Bitcoin managed to break through the current range and moved higher. At the moment, we have small position fixations from the buyer, which may provoke a small correction into the new volume zone...
Yesterday, we saw a significant and unexpected rise in Bitcoin , breaking through the sales zone of $59,600-$60,600 (local zone of accumulated volumes), making it a mirror for the buyer. At the moment, we are squeezed between two volume zones within which we can expect rotation with a priority of breaking upwards. Locally, we have absorption of market sales by...
Yesterday, we broke the inclined line on Bitcoin , filled the seller's zone deeper, and updated the local low. At the moment, based on a combination of factors, we can expect a trend change from a locally ascending trend to sideways movement. The decline was accompanied by volume anomalies on the cluster chart, and now we need to position these anomalies, so we...
Bitcoin (BTC): $58,862.35 (-2.07%) Bitcoin Dominance: 57.95% Fear and Greed Index: 39 (fear) WHAT HAPPENED? Last week, bitcoin reached the important $53,000-$50,000 buy zone (large volume anomalies), received a reaction, broke through the downward sloping line and continued to grow. A new upward sloping line has been formed, within which we continue to...
There have been no changes regarding Bitcoin . We reached the local buyer's zone of $56,700-$56,000, but there was no strong market reaction, except for the accumulation of large volumes. At the moment, we can also expect liquidity removal and testing of higher levels, but only within the local picture. The second option is a continued decline within the...
Yesterday for Bitcoin , we saw a bounce from $56,000 and tested the selling zone of $58,000-$59,400 (mirrored volume zone), from which we expected a selling reaction. At the moment, we have returned to the local buying zone of $56,700-$56,000, from which a repeated buyer reaction and a test of higher levels is likely. So far, this is not a full-fledged rebound,...