BTC/USDT Analysis. Testing a Key Support Point

Hello everyone! This is CryptoRobotics trader-analyst, and here’s your daily market review.

Yesterday, Bitcoin fully followed the scenario we outlined earlier. As selling pressure weakened, buyers stepped in, pushing the price toward the strong resistance area with major volume anomalies we mentioned before.

At the moment, expectations are tilted toward short positions — the first test of this zone has already shown a spike in volume followed by an immediate pullback. The buyer’s price action looks weaker, suggesting a higher probability of further decline.

The nearest target is support at $108,700–$107,500, while the main target remains the $105,600–$104,500 zone (volume anomalies).

Buy Zones:

$108,700–$107,500 (volume zone)

$105,600–$104,500 (volume anomalies)

$97,000–$93,000 (volume zone)

Sell Zones:

$111,800–$113,000 (strong volume anomalies)

$114,400–$115,600 (local volume zone)

$120,900–$124,000 (volume zone)

This publication is not financial advice.