Hey everyone! This is CryptoRobotics' trader-analyst checking in with your daily market breakdown.
Yesterday, Bitcoin once again tested the previously marked sell zone at $85,000–$86,200 (where a strong market seller is active), and we saw an immediate sharp reaction from that area.
However, signs of buyer defense appeared near the lower boundary, and price bounced without even reaching the bottom of the current range.
Taking all of this into account, we can conclude that the seller is showing weakness — there's effort, but no result.
That suggests we’re likely to test the local high in the near future.
Sell Zones:
$95,000–$96,700 (accumulated volume)
$97,500–$98,400 (aggressive pushing volume)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$82,700–$81,400 (high-volume support)
$74,800 level
$69,000–$60,600 (accumulated volumes)
What do you think — which way will this range break?
Drop your thoughts in the comments — always great to compare perspectives!
This post is not financial advice.
Yesterday, Bitcoin once again tested the previously marked sell zone at $85,000–$86,200 (where a strong market seller is active), and we saw an immediate sharp reaction from that area.
However, signs of buyer defense appeared near the lower boundary, and price bounced without even reaching the bottom of the current range.
Taking all of this into account, we can conclude that the seller is showing weakness — there's effort, but no result.
That suggests we’re likely to test the local high in the near future.
Sell Zones:
$95,000–$96,700 (accumulated volume)
$97,500–$98,400 (aggressive pushing volume)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$82,700–$81,400 (high-volume support)
$74,800 level
$69,000–$60,600 (accumulated volumes)
What do you think — which way will this range break?
Drop your thoughts in the comments — always great to compare perspectives!
This post is not financial advice.
Unlock your potential in trading
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Unlock your potential in trading
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.