BTC/USDT Analysis: Breaking the All-Time High

Hello everyone! This is the trader-analyst from CryptoRobotics, and here is your daily update.

Yesterday, Bitcoin broke its all-time high. There were no strong sell-offs either at or above the level. During the move, a volume zone was formed, and we managed to consolidate above it. Since there is no visible resistance ahead, trading should currently be approached from the long side — at least until a strong opposing force appears on the chart.

Buy Zones:
• $109,200–$106,500 (volume zone)
• $103,200–$102,000 (absorption of market selling)
• Around $100,000 (pushing volumes)
• $98,000–$97,200 (local support)
• $93,000 level
• $91,500–$90,000 (strong buying imbalance)
• $88,100–$87,000 (absorption of market selling)
• $85,500–$84,000 (accumulated volumes)
• $82,700–$81,400 (volume zone)
• $74,800 level
• $69,000–$60,600 (accumulated volumes)

This publication is not financial advice.