Hello everyone! CryptoRobotics trader-analyst here with your daily market analysis.
Yesterday, Bitcoin reached the local resistance level at $90,000. The price faced strong selling pressure once again and failed to consolidate above this level, which resulted in a pullback. We continue to treat $90,000 as a key resistance, as the highest cluster volume is concentrated at this price.
At the moment, BTC has tested the $88,000 support level (selling absorption). Clear buyer defense is not yet visible, but we allow the formation of a potential reversal structure around these levels.
A possible long scenario would be a rebound toward $89,000, followed by a failed attempt from sellers to push the price back below $88,000. Only in this case will we consider long positions.
For now, the priority scenario remains a continuation of the decline toward the next support levels, as buyer activity still appears weak.
Buy Zones
$88,000 — selling absorption
$86,000–$84,800 — anomalous activity
$84,000–$82,000 — volume anomalies
Sell Zones
$90,000 — untested volume, local resistance
~$92,400 — local sell zone
$94,000–$97,500 — volume zone
$101,000–$104,000 — accumulated volume
This publication is not financial advice.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.