While the entire market was panicking and selling off, our primary scenario was a rebound from the buyer zone at $77,000–$73,000, which has played out.
Yesterday, Bitcoin experienced an abnormal spike in volume. A breakout and consolidation either below or above the newly formed volume zone at $78,000–$80,000 will set the trend for the coming days.
Our main scenario suggests a move toward the sell zone above the current price. At the moment, we are seeing a slight absorption of market selling based on delta analysis.
In a bearish scenario, support is expected on a false breakout of the local low at $74,550.
Sell Zones:
$82,000–$83,900 (volume zone)
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zone:
$69,000–$60,600 (accumulated volumes)
Yesterday, Bitcoin experienced an abnormal spike in volume. A breakout and consolidation either below or above the newly formed volume zone at $78,000–$80,000 will set the trend for the coming days.
Our main scenario suggests a move toward the sell zone above the current price. At the moment, we are seeing a slight absorption of market selling based on delta analysis.
In a bearish scenario, support is expected on a false breakout of the local low at $74,550.
Sell Zones:
$82,000–$83,900 (volume zone)
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zone:
$69,000–$60,600 (accumulated volumes)
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Unlock your potential in trading
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.