BTC/USDT Analysis. A Long Opportunity?
Hello everyone! This is the trader-analyst from CryptoRobotics, and here’s your daily analysis.
Yesterday, Bitcoin followed our primary scenario — a move down toward the nearest support zones.
In the first zone at $111,700–$110,000, trading volumes spiked but didn’t trigger a reversal.
Upon reaching the next zone at $108,700–$107,500, a similar pattern emerged, but with stronger buyer activity, leading to a graphical trend shift.
Currently, we’re seeing a wave of selling, yet delta data shows absorption of market sales, indicating potential accumulation and a shift in sentiment.
This creates an interesting opportunity for a long position with limited risk.
We expect a test of the local low — if a false breakout occurs with a surge in volume, we’ll consider a long entry targeting the nearest resistance at $112,400–$113,300 (accumulated volumes).
Buy Zones:
• $105,600–$104,500 (volume anomalies)
• $97,000–$93,000 (volume zone)
Sell Zones:
• $112,400–$113,300 (accumulated volumes)
• $114,700–$115,700 (accumulated volumes)
• $120,900–$124,000 (volume zone)
This publication is not financial advice.
