BTC/USDT Analysis: Climactic Moment on the Bitcoin Chart

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Bitcoin managed to hold above the local range despite seller pressure, tested the key volume zone of $85,000–$88,000, and has already shown an initial selling reaction.

Currently, a local support zone has formed at $84,800–$83,500, casting doubt on the scenario of a decline to the lower boundary. If this zone is tested and buyers react to it, the current uptrend will continue. If there is no reaction, the trend will shift to a bearish direction.

Selling Zones:

$85,000–$88,000 (volume zone)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)

Buying Zones:

$84,800–$83,500 (pushing volumes)
$77,000–$73,000 (volume anomalies, pushing volumes)

Penafian

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