Unfortunately, the scenario with a quick breakout of the sloping line on Bitcoin did not come true. We tried to consolidate above, but met with market aggression from the seller. Now we have re-stabbed the local low and filled the buyer's zone more strongly-$64,500-$62,700 (pushing volumes). The renewal of the lower levels is still very weak. There remains a...
The scenario for Bitcoin hasn't changed much, we continue to trade at reduced volatility, but we are already trying to consolidate above the buyer zone. Our intermediate target for moving higher is the $67,350 level, behind which hides short-term liquidity (shorts stops), the main target is the sell zone $68,900-$69,800 (volume anomalies). Upon retesting...
We entered our Bitcoin buyer zone at $64,500-$62,700 (push volumes). Sales are not developing, large volumes appear at almost every new spike level, so at least in the short term we can get impulse purchases that will take off all the stop losses of the shortists who are trying to join this movement. Sales zones: $68,900-$69,800 (volume anomalies),...
Yesterday, we entered a local selling zone for Bitcoin around ~$67,000 (delta anomalies), received a seller's reaction, and made a false break of the local low. The buyer's reaction is not too strong either. Locally, we can test the price of ~$65,000, from where a resumption of purchases is likely. If this reaction does not follow, then we expect a deeper...
Bitcoin (BTC): $66,194.13 (-0.05%) Bitcoin Dominance: 55.4% Fear and greed index: 71 (greed) WHAT HAPPENED? Since last week, bitcoin has lost about 6% in price. The largest volumes, which were priced at ~$69,000, were sent for sell, which led to the continuation of the downward movement to the border of the local sideways. WHAT WILL HAPPEN: OR NOT? We...
We had a local bounce in Bitcoin from the $67,000-$66,500 zone (buyer volume), but it is too early to talk about a full reversal. Our priority scenario is a retest of the local extreme of $66,000. Scenario cancellation and full reversal are expected only after overcoming the $68,900-$69,800 zone (volume anomalies). Buyer zones: $64,500-$62,700 (push volumes),...
Yesterday, there were real "roller coasters" for Bitcoin. After inflation in the US unexpectedly turned out to be lower than forecasted, the market reacted very positively at the moment. We almost effortlessly broke through the selling area of $67,700-$68,300 (pushing volumes) and reached more significant marks of $68,900-$69,800 (accumulated volume), from which...
Yesterday, we passed the buyer's zone in Bitcoin without reaction and stabbed 2 previously marked levels and formed a new Low $69,000. Now we have received the first bounce. A new local sales zone of $67,700-$68,300 was formed during the fall, within which we are currently located. It is logical to expect a sales response from it. Most likely, in the near...
Yesterday, Bitcoin tried to go higher, but the stop came earlier than expected, and we went along the less likely scenario - below the formed large volume. Now we are in the buyer's zone $68,200-$$67,200 (accumulated volume), volume protection is present, but we are not yet ready for a full-fledged reversal, it is better to wait for the formation of a more...
Bitcoin (BTC): $69,350.37 (-0.01%) Bitcoin Dominance: 55.49% Fear and greed Index: 72 (greed) WHAT HAPPENED? Last week turned out to be a busy one for bitcoin: we immediately started to grow and by Tuesday we had reached our main goal — the $71,000-$71,400 volume anomaly zone. After the formation of a local trade in this zone, bitcoin broke through the lower...
Yesterday, we broke the ascending trend line on Bitcoin , but no consolidation followed below. We have not yet reached our buying zone of $70,000-$69,000 (push volumes), so it is still relevant. Currently, we continue to trade within the resistance zone, previously marked, and have formed an obvious sideways structure. Locally, we can remain within this balance,...
Yesterday we tried to consolidate above the volume zone in bitcoin , but so far unsuccessfully. We are still trading within this zone. Local expectations are the same, with a higher probability we will go for a small correction. Globally, longs should be considered from the nearest buyer zones with the aim of renewing ATH. Buyer zones: $70,000-$69,000 (pushing...
Yesterday we got a consolidation above the volume zone of $69,000 on Bitcoin, marked yesterday, and went up strongly. Now we have reached our target sales area of $71,000-$71,400 (volume anomalies), where we got a stop, now there is likely a slight correction movement, the protection is there, but small. In the course of the movement, we formed a new volume...
Yesterday we settled above the volume zone of $68,200-$67,200 for Bitcoin , punched through the zone with a volume cluster ($69,300), and reached our sell zone of $70,000-$70,400 (local volume zone), from which we bounced and are now trading lower. Currently, the largest volume fillings were at the price of $69,000, a consolidation above these prices will open up...
Bitcoin (BTC): $68,875.16 (+1.74%) Bitcoin Dominance: 54.38% Fear and greed Index: 73 (greed) WHAT HAPPENED? Last week, we didn't get a clear positioning on bitcoin and continued trading within the range of $66,300-$72,000. At the moment, we have traded a volume base of $68,200-$67,200, above which we're trying to gain a foothold. WHAT WILL HAPPEN: OR...
Yesterday, we tried to overcome the upper boundary of the sideways trend in bitcoin , an abnormal volume was recorded at $69,300, which is positioned for sale. Now we should expect a decrease to the lower levels of $67,125 and potentially to $66,300. The local advantage is now in favor of the seller. Buyer zones below: $64,500-$62,700 (pushing volumes),...
We continue to trade within the local balance for Bitcoin . The exit over the slope did not provide a significant result, each update to the lower boundary is bought out. Now we can see a repeated stab of the formed local minimum and with a repeated buyout, you can try to enter long from the seller's weakness. Sales zone when implementing a long scenario: ...
Yesterday, Bitcoin was traded between the volume support zone and a large cluster volume of the seller, which we marked with a yellow line. Locally, the forces of the buyer and seller are equal, the buyer is still unable to secure a position above, but the priority remains with the purchases. The selling zone in the implementation of this scenario remains the...