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...
Bitcoin (BTC): $62,309.74 (-2.47%) Bitcoin Dominance: 54.64% Fear and greed index: 67 (greed) WHAT HAPPENED? Last week, bitcoin started with growth, and ended with a breakthrough of the hourly slope and a fall. This local scenario was described in our blog on TradingView. WHAT WILL HAPPEN: OR NOT? Now we've come to the buyer's zone of $62,500-$60,900...
Yesterday, we continued the decline to the level of $63,000 in Bitcoin , got a local buyer's reaction and reached our local sales area ($64,800-$65,200), which was marked yesterday, from which we also got protection. What can we expect next? A local decline to the buyer's activity zone is expected as a priority, if there is no reaction from it, we look at the...
As expected, we broke through the hourly sloping line on Bitcoin . The market is in a panic, many are waiting for a dump to 55,000, but so far it's not so scary, it's not worth panicking ahead of time. The scenario changes to short when the true break is $59,000. Currently, we are defending in our buyer's zone $65,000-$64,000 (volume accumulation zone),...
The long dynamics for Bitcoin have been maintained and now we can clearly see the inclined line within which we are trading. Now there is a probability of a breakout of the inclined line and a move towards the buyer's zone ~64,000, but in the medium term we leave the priority for longs. Buyer zones within the global flat: $65,000-$64,000 (zone of accumulated...
Yesterday, we maintained the long-term dynamics for Bitcoin . In the future, we can expect further growth to the sales zones: $69,400-$71,000 (market aggression of the seller and absorption of purchases), $71,800-$72,500(volume zone), but through likely corrections. Buyer's zones within the global flat: $65,000-$64,000 (accumulated volume zone),...
Bitcoin (BTC): $66,151.03 (+1,64%) Bitcoin Dominance: 55.08% Fear and greed Index: 73 (greed) 📈WHAT HAPPENED? Last week, bitcoin fixed lower limit of the $60,700 flat, and a full-fledged rebound is already being observed. As expected, the panic due to macroeconomic events was temporary. Bitcoin halving also occurred yesterday, but there was no reaction...