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...
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,...