Bitcoin and altcoin overview (January 21-22)
2025-01-21
Category: None

Yesterday, Bitcoin attempted to make a new ATH but encountered limit selling activity, after which it declined to the nearest buyer zone.

Currently, we've received an initial buyer reaction in the form of a cluster anomaly in the mentioned zone, but there is no market buyer yet. The priority scenario is the development of a weak buying wave up to the nearest resistance zones, from where sales will follow.
If a strong buyer emerges during the selling wave who will defend their positions, then a full breakout of ATH will be possible, but for now, we should expect a decline.

 Selling zones:  ~$105,000(pushing volume), $107,000-$109,000(volume anomalies).

 Buying zones:  $102,000-$99,600(volume zone), $97,400-$96,300(volume zone), $92,400-94,300(volume anomalies), $90,600-$86,300(accumulated volumes).

 Interesting altcoins 

For the  1000CHEEMSUSDT  futures pair, we have reached the selling zone, from where we should expect a correction if there is a reaction.
