BTC/USDT Analysis. Attempts to Buy Back

Hello everyone! This is the CryptoRobotics trader-analyst, and here is the daily analysis.

Yesterday, Bitcoin formed a large number of anomalous clusters both in delta and horizontal volume. Buyers attempted to resume growth, but after reaching the resistance zone of $114,700–$116,000 (seller’s market activity zone), the price moved into a correction.

The situation now looks quite ambiguous. On the one hand, the large number of anomalies indicates the weakening efficiency of sellers. On the other hand, buyers are not yet showing strong activity. Locally, we may still see upward expansion. However, the price has approached the key minimum at $112,000, which is highly likely to be tested since a large number of stop orders and liquidity are concentrated below it.

From a broader perspective, there is a strong probability of balance expansion in the downward direction with a subsequent test of the $110,000–$105,000 (accumulated volumes) zone. The only question is whether this scenario develops in the coming days or next week.

Buy Zones:

$110,000–$105,000 (accumulated volumes)

Sell Zones:

$114,700–$116,000 (seller’s market activity)

$117,200–$119,000 (accumulated volumes)

$121,200–$122,200 (absorption of buys)

This publication is not financial advice.