Crypto_robotics

Crypto_robotics

Yesterday, as expected, we broke through the local extreme for Bitcoin and reached the first sales zone. At these levels, the first signs of seller defense appeared, so it is most likely that the current day may be corrective. The first local resistance for sales will be at $60,000. Globally, the scenario remains long. Buyer zones: $58,200-$56,000 (pushing...

Crypto_robotics

Yesterday, Bitcoin experienced a local decline and received a responsive reaction from buyers. At the moment, we are at the upper boundary of a potential sideways range. Currently, we highlight 2 local scenarios: rotation within this range over the next 24 hours, or a breakout in an upward direction and a test of the $60,000 price level. In case of a false...

Crypto_robotics

Yesterday, we overcame the $53,900-$55,400 zone in Bitcoin without significant obstacles, which may indicate the absence of a major seller. At the moment, we are trading within the framework of a sloping line. The movement that is developing now is quite weak, so we primarily expect a retest of the $52,000-$50,000 levels, with a less likely scenario being the...

Crypto_robotics

We are moving according to our scenario for Bitcoin . We have re-entered the zone of extreme volumes $52,000-$50,000 and received a reaction. Currently, we are slightly above the upper similar zone, but there has not been a full consolidation yet, so at the moment, we can expect a return to lower levels. With full consolidation above, the first target will be...

Crypto_robotics

Bitcoin (BTC): $52,886.57 (-12.41%) Bitcoin Dominance: 57.28% Fear and greed Index: 26 (fear) WHAT HAPPENED? Since the beginning of last week, bitcoin has lost more than 28% in price. This was influenced by weak macroeconomic indicators, investors' fear of recession, the tense situation in the Middle East, as well as the expectation of compensation payments...

Crypto_robotics

Regarding Bitcoin , we broke through the lower extremities and found support at the price of $63,000. Currently, we can notice buyer activity as we fully corrected to the beginning of the previous wave. We do not observe strong sales, and there is also absorption in the cumulative delta. The priority is long, either from current prices or from a retest of...

Crypto_robotics

As expected with Bitcoin , we updated the local low and reached the buyer's zone of $64,900-$63,900. At the moment, all significant large volumes are located above the current price, so we prioritize further decline. Movement to the sales zone above is possible only after a full consolidation of the price above $65,000, where an anomalous volume cluster...

Crypto_robotics

Bitcoin didn't follow our scenario, so we didn't get a consistent upward movement from the buyer zone. Currently, we are moving very choppily, with neutral sentiment prevailing in the market. Most likely, we will test the next buyer zone below, and the stop-losses of short sellers might be taken out, followed by a test of the mirror zone, which was previously a...

Crypto_robotics

Yesterday, we transitioned to the expected decline in Bitcoin , but what was unexpected was the number of market sales and the speed at which we would fall. As a result, Bitcoin reached the strong buying zone of $68,000-$66,800 (volume anomalies), within which we almost didn't get any reaction, only after making a false breakout of the extremum did we see the...

Crypto_robotics

Bitcoin (BTC): $69,539.18 (+3.16%) Bitcoin Dominance: 56.58% Fear and Greed Index: 74 (greed) WHAT HAPPENED? Last week, we had a natural correction in bitcoin, but by the end of the week we had completely regained the drop. Over the weekend, Donald Trump gave a speech at the Bitcoin 2024 conference in Nashville. He made many positive statements for bitcoin,...

Crypto_robotics

For Bitcoin , we have almost completely broken the short scenario and bounced off the zone we marked yesterday. There was no additional retest from the local selling zone, as there was no seller at these levels, so most likely from the current prices we will see an update of the local high. A less prioritized scenario is a retest of the new buying zone...

Crypto_robotics

Yesterday, for Bitcoin , we clearly followed our local scenario and fell to the next buying zone of $65,000-$63,400 (accumulated volumes), where a surge in volumes was recorded. If we consolidate above this range, we may see a full resumption of buying and an update of the local high. Currently, it is worth paying attention to reversal formations to be able to...

Crypto_robotics

We made another attempt to resume purchases on Bitcoin , but it was unsuccessful. Currently, we are below the volume zone, so locally we expect movement to the next sales zone located lower. Globally, the scenario has not changed, we expect a test of the sales zones above: $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume). Purchase...

Crypto_robotics

Yesterday, Bitcoin bounced off the local buyer zone of $67,000-$66,350, which we noted yesterday, but it failed to update the extremum. Now we have descended into this zone again and received support from the buyer, so we primarily expect an update of the local high. Let's remind that the global selling zones are very close, from which we will expect a...

Crypto_robotics

Bitcoin (BTC): $67,300.14 (+0.81%) Bitcoin Dominance: 55.46% Fear and greed Index: 70 (greed) WHAT HAPPENED? Last week, the price of bitcoin increased by ~ 13%. Now we've come very close to the volume sell zones, from which, most likely, we'll receive a reaction and go for a correction. The current movement also indicates local weakness, the probability of...

Crypto_robotics

There is practically no change in Bitcoin. Yesterday, we continued the local decline. In the near future, we should expect movement within the volume profile noted yesterday, most likely in a downward direction. To continue a full upward movement, it is necessary to consolidate above the price of $65,000, where the largest volume over the past few days is...

Crypto_robotics

Yesterday, we started a local corrective movement in Bitcoin. The entry into the support zone of $65,100-$64,600 did not result in a noticeable reaction, but as it went lower, the first signs of buyer defense appeared. The situation is not so straightforward now; globally, of course, we expect the continuation of the long movement, but locally, if we cannot hold...

Crypto_robotics

Yesterday, we tested the local sales zone of Bitcoin at $63,600-$64,000, from which we received minimal reaction. After overcoming this mark, we opened the way to the nearest local high. Currently, we are within the hourly inclined line, trading at relatively small volumes, so a repeated liquidity capture is likely. The local buyer's zone is now at...