BTC/USDT Analysis – Continued Rotation
Hello everyone! This is a daily market analysis from a CryptoRobotics trader-analyst.
Yesterday, after testing the local resistance at $105,400, Bitcoin shifted to a downward movement — but not for long. Selling pressure was very weak, and the initiative was quickly taken over by buyers. However, after a second test of that same level, selling resumed again, indicating that sellers currently hold the upper hand.
Main expectation: a test of the local low at $103,000, from where a return into the sideways range and a potential retest of the upper sell zone is likely.
Sell Zone:
$107,000–$109,800 (accumulated volume)
Buy Zones:
Around $100,000 (aggressive buying volumes)
$98,000–$97,200 (local support)
$93,000 level
$91,500–$90,000 (strong buying imbalance)
This publication is not financial advice.
