Regarding Bitcoin , we have bounced back from the purchase zone of $68,000-$67,300 (volume zone) and continue to trade within the sloping line. Until we break this barrier, it's not worth considering short positions, even local ones. Now another wave of sales is likely, which will show how much the buyer is ready to defend their positions. We will get it from...
Bitcoin (BTC): $68,501.60 (-0.92%) Bitcoin Dominance: 53.94% Fear and Greed Index: 74 (greed) WHAT HAPPENED? Last week, for bitcoin, we reached the main targets in the range of $71,000-$72,000 and received a reaction from the sell area. We're currently trading lower, but still within the long-term scenario. WHAT WILL HAPPEN: OR NOT? We expect moving to...
Yesterday, we dropped below our support level for Bitcoin, and now this zone has become a resistance zone. The local scenario has shifted slightly in favor of shorts, but globally we prioritize reaching a new ATH (All-Time High). During the drop, there was an attempt at significant volume defense, which was unsuccessful. We are now consolidated below this level,...
The scenario for Bitcoin has not changed much. Yesterday we stabbed the local level of $69,150, but there was no strong reaction from the buyer. If you went long from this formation, then set a stop loss at break-even. The current local scenario can be estimated at 60/40 in favor of the buyer, buying is also indicated by the absorption of the cumulative...
Yesterday, we received a minor correction in the bitcoin zone of interest -$70,500-$69,200(strong pushing volumes) and are now trading within it. Currently, we are prioritizing the resumption of purchases to a new local sales zone of $71,000-$71,400 (volume anomalies) from current prices, or from a false breakout of the local level $69,150. Sales zones...
We literally reached our main target sales areas within a day for Bitcoin , which were marked yesterday. $69,400-$71,000 (market seller aggression and purchase absorption)- did not give the expected reaction and was broken, now it is becoming a buying zone. $71,800-$72,500 (volume zone)- gave a price stop. At the current values, volume anomalies can be noted,...
Bitcoin (BTC): $66,770.85 (-0.54%) Bitcoin Dominance: 55.90% Fear and greed Index: 70 (greed) WHAT HAPPENED? Last week, we saw a continuation of the upward movement in bitcoin. The maximum growth was about 11%. WHAT WILL HAPPEN: OR NOT? We're currently in the sell area of $66,000-$66,600 (accumulated volumes). There is no strong sell reaction, but...
Yesterday, Bitcoin underwent a minor correction from the seller's zone we had previously identified, but we fell slightly short of reaching the buyer's zone at $63,500-$64,500 (push volumes). Currently, the global long scenario remains in effect. You can join it when testing lower zones. Buyer's zones: $63,500-$64,500(push volumes), $61,200-$60,400 (volume...
We have already made a true breakthrough of the upper border of the range marked yesterday for Bitcoin , and now we are in the sales zone of $66,000-$66,600 (accumulated volumes). We received a price response from the zone and a slight correction is possible, but the main target for the movement now is a price of ~$70,000. The breakout formed a strong zone...
We have just entered the Bitcoin buyer zone $61,200-$60,400 (local volume zone), and have already received a response. The buyer is not that strong, but he has marked his intentions. Now a rotation within the marked range by two horizontal lines with a priority of exit above is possible. Seller zones: $66,000-$66,600 (accumulated volumes), $69,400-$71,000...
Our Bitcoin scenario from yesterday worked out perfectly. We reached the selling zone of $62,700-$63,300 (buyer absorption) and got a reaction. Currently, we have formed a local flat, which I marked with two horizontal lines, within which we can continue trading. Main expectations - decrease to the buying zone of $61,200-$60,400 (local volume zone), with...
Bitcoin (BTC): $62,126.26 (+2.31%) Bitcoin Dominance: 55.16% Fear and Greed Index: 57 (neutral) WHAT HAPPENED? Last week, as expected, a local slope line was broken and an important buyer zone of $61,600-$60,300 (pushing volumes) was tested, from which a reaction was obtained. WHAT WILL HAPPEN: OR NOT? Now we're back in the aforementioned buyer's...
Yesterday, we hit the local level of $62,650 on Bitcoin , which was marked in the previous post. We do not observe protection from the buyer therefore it is more likely that we will continue to decline to the next zone of $61,600-$60,300 (pushing volumes), from where we will expect a resumption of purchases. A less likely scenario is a drop below the zone of...
Yesterday we broke the inclined level on Bitcoin and formed a local sideways trend. The global scenario for the week has not changed, we can still expect longs, but through a probable false breakout of the $62,650 level or a march into the buying zone $61,600-$60,300 (pushing volumes). A less likely scenario is going below to the zone $58,500-$57,000 (volume...
Bitcoin (BTC): $64,395.69 (+0.91%) Bitcoin Dominance: 54.75% Fear and greed index: 71 (greed) WHAT HAPPENED? Last week, the main scenario for bitcoin was executed: a false breakdown of the lower limit of the global flat ($59,000) was made and a reaction was received from the buyer. Now we've come to one of the sell zones of ~$64,000 (maximum volume...
Yesterday, we continued the local growth in Bitcoin , the selling zone $58,400 (aggressive sales), did not give a reaction and now we are higher at the local level. Purchases are extremely weak, so we are still waiting for a wave of sales and already at prices ~$57,000 or at the break of the local low $56,600 we are looking for confirmation from the buyer. ...
We have gone below the $59,000 level on bitcoin , but on the daily and 4 hour timeframe we can consider the current structure as a level peg. At prices ~$57,000, the first signs of buyer protection appeared, also at current prices there is absorption of sales by cumulative delta. We do not consider purchases at current prices, as a large number of sales zones...
Yesterday, we bounced back from the marked buyer zone of $62,500-$60,900 (market aggression) in Bitcoin , but we have completely absorbed this growth by now. We are now primarily expecting another bounce, but a deeper entry into the purchase zone is possible before this. In the absence of a reaction from the buyer, we look at the spike level of $59,000. Sales...