Bitcoin and altcoin overview (January 29-30)
2025-01-29
Category: None

Yesterday, Bitcoin bounced off the sell zone. The movement turned out to be quite weak. The buyer has already resumed the move, but buying pressure remains even weaker compared to selling.

At the moment, we should expect another attempt from the seller around the $103,000-$105,600 zone. If the reaction is weak again, we can anticipate sideways movement followed by an ATH breakout.
For now, the priority remains with the seller.

 Sell zones: 

$103,000-$105,600 (accumulated volumes)
$107,000-$109,000 (volume anomalies)

 Buy zones: 

$97,000-$94,300 (high volumes of the global range)
$92,000-$90,000 (volume anomalies)
$89,000-$86,300 (accumulated volumes)

 Interesting altcoins 

For  ARC , a setup for an upward move is forming. If the price enters the $0.329-$0.309 zone and shows a reaction, we open a long position.
