BTC/USDT Analysis. Moving According to the Scenario

Hello everyone! This is CryptoRobotics trader-analyst with your daily market update.

Yesterday, Bitcoin reached our sell zone at $105,000–$105,700, and we saw an immediate reaction upon testing the lower boundary of that range.

The scenario outlined yesterday remains valid. We expect a corrective move with potential to reach $100,000, from where a continuation of the primary long trend may be considered.

Sell Zones:
$105,000–$105,700 (absorption of market buys),
$107,000–$109,000 (volume anomalies).

Buy Zones:
~$100,000 (absorbing volume),
$98,000–$97,200 (local support),
$93,000 level,
$91,500–$90,000 (strong buying imbalance),
$88,100–$87,000 (absorption of market sells),
$85,500–$84,000 (accumulated volume),
$82,700–$81,400 (volume zone),
$74,800 level,
$69,000–$60,600 (accumulated volume).

This publication is not financial advice.