Bitcoin is currently in a "manipulated" range zone between 85k and 90k.
The 2 volume peaks mean that these are strong hands maintaining this zone in hedging (selling and buying simultaneously) clearly. Otherwise, there would be a filling of the volumes between these 2 levels...
The compression zone means a maturation with an imminent break of resistance at 90k or support at 85k that will reject this price zone very powerfully.
A break of 90k with an acceleration will directly take the price to 105k, and conversely, a break with an acceleration below 85k will cause a retest of a liquidity zone located between 78k and 80k with a strong bounce that will retrace this zone upwards with a target of 105k...
BTC
78,548.8
+2.90%