Yesterday, Bitcoin showed no buyer reaction from our highlighted zone at $81,000–$80,000 (pushing volumes). Therefore, even though we've been climbing throughout the day, short positions remain the priority.
At the moment, we've reached a mirrored volume zone at $81,000–$82,700, which has slightly shifted. We're currently near the upper boundary of this zone.
We've observed abnormal buyer activity in this area that so far hasn't led to any meaningful result, along with signs of hidden selling. A break below $81,000 would confirm the short scenario.
Sell Zones:
$81,000–$82,700 (mirrored zone, volume anomalies)
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zone:
$69,000–$60,600 (accumulated volumes)
At the moment, we've reached a mirrored volume zone at $81,000–$82,700, which has slightly shifted. We're currently near the upper boundary of this zone.
We've observed abnormal buyer activity in this area that so far hasn't led to any meaningful result, along with signs of hidden selling. A break below $81,000 would confirm the short scenario.
Sell Zones:
$81,000–$82,700 (mirrored zone, volume anomalies)
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zone:
$69,000–$60,600 (accumulated volumes)
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Unlock your potential in trading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.