Hello everyone! This is the CryptoRobotics trader-analyst, bringing you the daily market update.
Since the beginning of this week, Bitcoin has remained under persistent selling pressure, which continues at the moment.
Yesterday, the local low failed to hold, resulting in further downside movement. Price is now testing a key accumulated volume zone. The overall structure remains bearish, with no clear reversal formations observed so far. Our base scenario assumes a deeper fill of this zone, with potential downside toward $87,000.
The key intraday level is $90,160. A large concentration of anomalous seller volume clusters is located above this area. In case of a retest and false breakout of this level, as well as the now mirrored zone at $90,400–$91,700, we consider a short position targeting $87,000.
Buy Zones
$88,400–$87,000 — accumulated volumes
$86,000–$84,800 — anomalous activity
$84,000–$82,000 — strong volume anomalies
Sell Zones
$90,400–$91,700 — mirrored zone, anomalous selling
$92,600–$93,500 — volume anomalies
$96,000–$97,500 — selling pressure
$101,000–$104,000 — accumulated volumes
This publication is not financial advice.
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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.