Bitcoin and altcoin overview (September 25-26)
Yesterday, Bitcoin saw a volume hold at around ~$63,150, and we moved to test the previously marked volume anomaly at $64,500, as well as the local high. We were unable to break through these levels.
Currently, we are trading within a local volume zone, and there has not been a full-fledged bounce yet.
The bullish scenario could play out either from the current price level or after a retest of the volume hold (the nearest buy zone), mentioned earlier. If there is no reaction from these levels, Bitcoin will likely enter a more prolonged correction.
Buy zones: $63,300-$62,800 (volume hold), $61,000-$60,000 (volume anomalies), $57,000-$56,400 (volume zone).
The next target - sell zone - is $66,100-$68,200 (volume zone).
Interesting altcoins:
For SUI, we expect the continuation of the upward movement, and entry can be made from the volume zone at $1.6-$1.54.
Currently, we are trading within a local volume zone, and there has not been a full-fledged bounce yet.
The bullish scenario could play out either from the current price level or after a retest of the volume hold (the nearest buy zone), mentioned earlier. If there is no reaction from these levels, Bitcoin will likely enter a more prolonged correction.
Buy zones: $63,300-$62,800 (volume hold), $61,000-$60,000 (volume anomalies), $57,000-$56,400 (volume zone).
The next target - sell zone - is $66,100-$68,200 (volume zone).
Interesting altcoins:
For SUI, we expect the continuation of the upward movement, and entry can be made from the volume zone at $1.6-$1.54.
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