$BTC loses its main buying zone:
1. Loss of the Largest Buying Zone:
o BTC lost its main buying zone between 66994.02 to 68606.13 USD. The drop to 54,030.19 USD indicates a significant break of support and opens spaces for new zones.
2. Potential Buying Zones:
o Buy zones highlighted by rectangles can serve as future support points:
ï§ 54814.35 to 57487.94 USD: The next immediate support zone where buyers may be interested.
ï§ 48972.08 to 51843.71 USD: A lower zone that could offer significant support.
ï§ 38871.87 to 42931.76 USD: The lowest support zone, where BTC previously found support in February and March.
3. General Observations:
o It is important to observe the behavior of BTC in the highlighted zones, especially in relation to volume and price action. If there is a significant rebound in volume within the support zones, this could indicate a possible reversal or stabilization point.
These observations can help identify potential areas of interest for buyers, as well as provide context on the current market situation.
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