Bitcoin and altcoin overview (December 26-27)
2024-12-26
Category: None

Yesterday, Bitcoin got squeezed into an even tighter sideways range near the upper boundary of the range.
A full false breakout of the $99,600 level with liquidity capture did not follow.

At the moment, we have transitioned to a decline. On the cumulative delta, we observe absorption of sells through limit orders, therefore we prioritize expecting a resumption of buying through a false breakout of the lower boundary at $92,300 or upon formation of a signal within the range.

 Buy zones:  level $92,300 (local low), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone).

 Sell zone:  $100,000-$102,000 (mirror volume zone).

 Interesting altcoins 

For  KOMA  below we have 2 strong volume zones $0.146-$0.134 and $0.121-$0.116, upon testing them and seeing a reaction we open a long position.
