BTC/USDT Analysis. Moving Within the Expected Scenario

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

Yesterday, as expected, Bitcoin made a false breakout to the upside, testing the ~$113,800 zone (market imbalance, mirror level) and then quickly reversed downward. When testing the $113,000-$112,000 area, there was no significant reaction, and the price moved lower to test the more important $111,600-$110,500 zone (accumulated volumes).

At the moment, the primary scenario remains a resumption of buying. A local volume zone has formed above the current price at $112,000-$111,300 — breaking and consolidating above it would significantly increase the probability of moving toward the next major resistance. We are considering a long position either after consolidation above this zone or upon a retest with a clear buying reaction, which would be a more conservative entry.

If this level is rejected, we may see further downside movement toward $108,000.

Buy Zones:
• $112,000-$111,300 (potential local support)
• ~$108,400 (cluster anomalies)
• $108,000–$102,500 (accumulated volumes)

Sell Zones:
• $115,000-$116,000 (accumulated volumes)
• $118,000–$119,000 (accumulated volumes)
• $121,200–$122,200 (buy absorption)

This publication is not financial advice.