BTC/USDT Analysis. Another Potential Trade Setup

Wait 5 sec.

BTC/USDT Analysis. Another Potential Trade SetupBitcoin / TetherUSBINANCE:BTCUSDTCrypto_robotics Hello everyone! CryptoRobotics trader-analyst here with your daily market analysis. Yesterday, Bitcoin managed to hold above the $62,200 level and continued its upward movement. At the moment, the price has tested the $63,900 area (volume anomalies) and once again received a clear rejection from sellers. If you are still holding long positions, it may be a good idea to fully secure profits. The probability of a downside move from current levels remains elevated. In this scenario, the minimum downside target is the $60,000 area. However, if the market manages to break and hold above the current resistance, we will look for a reaction from the next resistance zone instead. For the most conservative short entry, traders may wait for a breakdown of the local bullish structure, as shown on the chart. Buy zones $47,000-$40,000 (daily buy zone) Sell zones $63,900 (volume anomalies) $66,000-$68,000 (volume zone) $71,100-$71,900 (volume zone) $72,800-$73,800 (buyer absorption) ~$75,000 (volume anomalies) $76,400-$77,000 (volume zone) $79,000-$79,400 (volume zone) $83,000-$85,500 (volume anomalies) $87,600-$90,500 (accumulated volumes) This publication is not financial advice.