BTC/USDT Analysis: Watching the Reaction at the HighHello everyone! This is a daily analysis from the trader-analyst at CryptoRobotics.
Yesterday, Bitcoin finally broke out of the range to the upside. The local selling zone at $96,100–$96,600 didn’t show any reaction. On the retest, it acted as a mirror level and supported continued growth.
At the moment, the local bias has shifted. All major volume clusters are now located below the price, so we can expect a new high. If we break through the current high, it’s important to watch the sellers' reaction. A false breakout could lead to a significant drop, but if it doesn't happen, the next potential target is $105,000.
Sell zones:
$98,000 (key level)
$107,000–$109,000 (volume anomalies)
Buy zones:
$91,500–$90,000 (strong buy-side imbalance)
$88,100–$87,000 (absorption of market selling)
$85,500–$84,000 (accumulated volumes)
$82,700–$81,400 (volume zone)
$74,800 (key level)
$69,000–$60,600 (accumulated volumes)
What do you think — which scenario will play out?
Drop your thoughts in the comments — it's always interesting to compare views!
This publication is not financial advice.