Bitcoin and altcoin overview (February 13-14)
2025-02-13
Category: None

Yesterday, Bitcoin tested an important volume zone and received an impulsive reaction from buyers, indicating interest from a large player at these levels. During the price increase, we failed to break through the descending trendline, but no strong selling activity was observed.
Currently, we see absorption of selling pressure during the decline, so we are looking for long entries on this wave of pullback.

 Sell zone: 

$107,000–$109,000 (volume anomalies).

 Buy zones: 

~$95,000 (strong buyer reaction),
$94,000-$93,000 (volume anomalies),
$89,000–$86,300 (accumulated volumes).

 Interesting Altcoins 

For  VVV,  we have reached an important volume zone. The decline has been relatively weak, so any buyer activity could break the current downward wave and continue the uptrend.

We are considering long entries either on a breakout (marked on the chart) or upon the appearance of abnormal volume with consolidation above it.

