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...
We received another wave of sales for Bitcoin , reaching the previous local extremum of $59,700, but we did not get a false breakout of the level. Currently, there is a perceived weakness in sales, so it is very likely that from the current prices we can go up to ~$70,000. But still, a test of $59,000 remains likely. Sales zones and possible targets for the...
We tested the $60,700 level on Bitcoin , but the buyer's response is quite weak. Therefore, with a higher probability, the $59,000 level will also be tested. New areas of interest have not been formed. Buyer zones: $57,200-$56,200 (small volume anomaly zone), $53,600-$53,000 (pushing volume zone). Seller zones: $69,400-$71,000 (market aggression of the...
Yesterday, we bounced off the buyer's zone in bitcoin , but the movement is very weak. Now a re-spill and test of the lower extremes $60,700 and $59,000 is very likely. Open long positions are better to be transferred to break-even. The bull market will only be broken with a true breakout of these marks, until that moment longs are a priority. Sale zones: ...
Regarding Bitcoin , as predicted yesterday, we have received another wave of sales and have now come into our area of interest $63,000-$61,600, from which we are already getting a buyer's reaction. So far everything does not look so rosy in favor of the buyer, the market reaction is undoubtedly present, but we can talk about a full-fledged change in the local...
Bitcoin (BTC): $66,355.59 (+2,98%) Bitcoin Dominance: 55.36% Fear and Greed Index: 74 (greed) WHAT HAPPENED? 📈 At the end of last week, bitcoin lost a little more than 14% of its value — this was caused by the escalation of the conflict in the Middle East. According to CoinGlass, long positions worth $1,700,000,000 were liquidated in 3 days. Several local...
For the last 2 days, we have been in a narrow flat for bitcoin , where signs of market buyer activity are present. Primarily, we can expect an upward direction and filling the volume sales zone -$71,800-$72,500. If it goes down, pay attention to the buyer zones : ~$68,000(volume protection), $66,200-$65,400(market aggression zone of the buyer),...
Yesterday, we completely filled the buyer's area at ~$68,000 (absorption of sales) on Bitcoin , got a bounce back and are now trading higher. A correction within the local growth and filling of the volume sales zone $71,800-$72,500 can be expected. Buyer's zones: ~$68,000(the zone remains active, we got good fills by volumes from it), $66,200-$65,400(zone of...
We did not receive the necessary support for Bitcoin at the retest of $70,000 and settled below it. Now we have closely approached our buy zone ~$68,000 (absorption of sales). It's too early to talk about a full reversal, we need to get additional confirmations, also a deeper test of the marked zone is possible. Buyer zones below: $66,200-$65,400 (zone of...
Yesterday , we continued to grow in Bitcoin and have completely filled our sales zone -$71,500-$73,000 (accumulated volume zone), and got a reaction from it, as we said earlier we do not use these prices for opening global short positions. Now we have received a little support at $70,000, when retesting this mark and buyer's reaction, you can open long positions...
Bitcoin (BTC): $71,156.82 (+2,55%) Bitcoin Dominance: 54.43% Fear and Greed Index: 76 (greed) 📈 WHAT HAPPENED? Last week, BTC exited the sideways movement and began to move in a downward direction, but the fall was stopped by market aggression on the part of the buyer. Now we have fully recovered to the initial flat levels and continue to grow. 💼WHAT WILL...
Regarding Bitcoin , as planned, we continued to trade within two volume zones in a flat. The scenario has not changed. We can still expect to exit from the trade with a priority in long and filling the sale zone -$71,500-$73,000 (accumulated volume zone). Buyer zones: ~$67,300 (delta imbalance level), $64,000-$62,400 (buyer activity), $57,200-$56,200 (small...
Yesterday we had a false breakout of two borders of the local flat on Bitcoin. The current situation speaks more in favor of continuing the sideways movement. During yesterday's squeezes, 2 local volume zones were formed, which I marked with yellow lines, the flat may continue between them. The priority scenario is to move in an upward direction and fill the ...