BTC/USDT Analysis. The seller is trying to take control again

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

Yesterday, after reaching the upper boundary of the $115,000–$114,000 zone (local delta activity), buyers showed abnormal activity, but it failed to result in sustained growth. Only after dropping to the lower boundary did Bitcoin find support.

At the moment, we’re seeing a rebound, and the price is testing the area of yesterday’s buying activity — $115,000–$115,400. If there’s no reaction from this zone, the movement toward $120,000 may continue. However, if resistance holds, we expect a pullback toward the nearest support.

Currently, the delta shows absorption of buying, so long positions are considered only after a local high breakout followed by a retest.

Buy Zones:
$111,700–$110,000 (accumulated volumes),
$108,700–$107,500 (volume zone),
$105,600–$104,500 (volume anomalies),
$97,000–$93,000 (volume zone).

Sell Zones:
$115,000–$115,400 (buy absorption),
$120,900–$124,000 (volume zone).

This publication is not financial advice.