BTC/USDT Analysis. Positive Momentum. But For How Long?

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BTC/USDT Analysis. Positive Momentum. But For How Long?Bitcoin / TetherUSBINANCE:BTCUSDTCrypto_robotics Hello everyone! CryptoRobotics trader-analyst here with the daily update. Yesterday Bitcoin tested the support level at $66,400–$65,300 (local volume zone), after which price moved to test the resistance area at $68,600–$70,000 (local zone with buy absorption). After some consolidation within this range, buyers managed to take control and the market structurally continued its upward movement. At the moment, price has reached the upper boundary of the global range, while the volume distribution remains mixed. On the 4-hour timeframe a large cluster has formed right at the upper boundary, while the hourly chart shows absorption of buying pressure in the delta. Therefore, if the market fails to establish a strong consolidation above the current volume area of $71,000–$71,700, a correction toward the mirror buyer zone at $70,000–$69,200 becomes likely. In this case, the $71,000–$71,700 region would act as a strong resistance area. Even if price manages to break above the current highs, the upside potential remains limited due to the global resistance zone located at $72,500–$75,200. Under current conditions, this is not the most favorable area for trend-following strategies, so short setups currently appear more attractive in the short term. Buy Zones $70,000–$69,200 (mirror zone, buyer activity) $66,200–$65,300 (local volume zone) $62,500 level $47,000–$40,000 (daily buy zone) Sell Zones $72,500–$75,200 (selling pressure) $77,800–$79,200 (accumulated volume) $82,000–$85,500 (volume anomalies) $87,600–$90,500 (accumulated volume) Publication is not financial advice.