BTC/USDT Analysis: Local Growth or Continued Decline?Yesterday, Bitcoin continued its decline from the previously mentioned volume zone, but there was no confirmed breakdown below it or a breach of the local low.
At the moment, a trend reversal to the upside has formed.
Currently, the zone of accumulated volume has shifted and is now located in the $83,600–$82,500 range.
A breakout above or below this zone will define the local trend for the coming days.
Our primary scenario considers an upward move toward the $85,600–$88,000 sell zone (absorption of buyer aggression), from where we expect selling pressure to resume.
Sell Zones:
$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 Zones:
$77,000–$73,000 (volume anomalies, pushing volumes)
