Hello, crypto community on Binance Square! ๐ Let's figure out what's happening with Bitcoin this week. ๐
Key signals from major players:
- Anomalous volumes appeared on the spot market, halting the decline. This is a classic "trace" of big players โ the price bounced up after these anomalies. ๐ฅ
- On futures, we also see a significant anomaly from below. Buyers absorbed the drop with good volume and positive delta, signaling their strength. ๐
But don't expect explosive growth right now! The price is testing resistance at ~$95,500. This is local resistance, and it's holding for now. โ ๏ธ
Current range and expectations:
Most likely a flat with boundary tests โ complex zigzags, but without deep drops down. Technically, no gloomy scenarios yet, unless news interferes (like new tariffs or regulations). ๐
On the footprint chart, sales are inefficient: big volumes down, but without updating lows, the price quickly bounces back. This hints that sellers are weak, and buyers could gain strength. If we see anomalies at the lows โ we can expect an upward breakout. ๐
BTC is just part of the picture. When Bitcoin surges to new highs (possibly in a couple of weeks to a month), altcoins will show varied growth: some will do 300โ500%, others barely 2x. ๐
What do you think about BTC this week? Share in the comments! ๐
#BTC #BitcoinAnalysis #Altseason #CryptoTrading #VolumeProfile
