Analysis $BTC Using Crypto Info Bot 2 0
1. Harmonic Pattern Identified:
Point "D" coincides with a strong bounce in a high volume area, reinforcing the validity of the pattern.
The Fibonacci projection seems to align with the target zones.
2. Volume Analysis (VSA):
Before the bounce, there is an increase in volume with absorption candles, indicating accumulation.
The large volume spike in the 78K-74K area suggests that strong hands were buying.
The rise is supported by increasing volume, confirming bullish strength.
3. Price Structure (Smart Money Concepts - SMC):
The price broke previous levels with impulse candles.
86,586, 88,985 and 91,384
The high at 99,475 represents a key resistance.
4. Key Zones:
Important Support: 78,258
Stop Loss (T. Stop): 74,060 (well placed below the accumulation zone)
First Targets: 86,586 - 91,384
Maximum Target: 99,475
Conclusion
Bullish Confirmation: The confluence between the harmonic pattern, VSA analysis, and SMC structures reinforces the likelihood that the price will continue to rise.
Risks: If volume begins to weaken at the intermediate targets, there could be a correction before continuing.
Recommended Action:
Maintain long positions with stop adjustments at each target.
Watch for absorption or rejection at key levels to manage exit.
