Technical analysis by Crypto_robotics about Symbol BTC: Buy recommendation (7/28/2025)

📈 WHAT HAPPENED? Last week, a less priority but expected scenario was realized for Bitcoin. We broke through the sideways in a downward direction and fell to the area of pushing volumes ~$115,000. At this level, strong volume anomalies were recorded, and a rebound occurred. On Friday, the daily analysis on TradingView indicated a point to join the long movement, which confirmed its accuracy. The price reached the accumulated volume zone of the sideways at $117,600-$119,200 and was able to consolidate above without any significant reaction, which strengthens the buyers' position. 💼 WHAT WILL HAPPEN: OR NOT? At the moment, the first protection from sellers has appeared. Let's consider possible scenarios: 1. A decline to the mirror zone of $118,300-$117,300, from which, if the buyers' reaction is confirmed, buys are expected to resume. Next, a narrow sideways formation within the mentioned zone and a local sell zone of $119,500-$119,000 is possible, followed by a long position. Another option is to develop a further long divergence from the current levels. In this case, the local sell zone of $119,000-$119,500 will provide additional support. 2. A less priority scenario is a decline to the volume anomaly zone of $116,200-$115,000, with a test of the local minimum. In this case, the recovery will take longer. Buy Zones: $118,300–$117,300 (mirror volume zone) $116,200–$115,000 (volume anomalies) $110,000–$107,000 (accumulated volumes) Sell Zone: $119,500–$119,000 (potential resistance if a correction develops) 📰 IMPORTANT DATES Macroeconomic events this week: • July 29, Tuesday, 14:00 (UTC) - publication of the US Consumer Confidence Index from CB for July; • July 29, Tuesday, 14:00 (UTC) - publication of the US Job Openings and Labor Turnover (JOLTS) for June; • July 30, Wednesday, 08:00 (UTC) - publication of Germany's GDP for the second quarter of 2025; • July 30, Wednesday, 12:15 (UTC) — ADP's July change in the number of non-agricultural employees in the United States; • July 30, Wednesday, 12:30 (UTC) — U.S. GDP for the second quarter of 2025; • July 30, Wednesday, 13:45 (UTC) — Canada's interest rate decision; • July 30, Wednesday, 18:00 (UTC) — US FOMC statement and announcement of the US Federal Reserve interest rate decision; •July 30, Wednesday, 18:30 (UTC) — US FOMC press Conference; • July 31, Thursday, 01:30 (UTC) — publication of the Chinese Manufacturing PMI for July; •July 31, Thursday, 03:00 (UTC) — announcement of Japan's interest rate decision; • July 31, Thursday, 12:00 (UTC) — publication of Germany's July Consumer Price Index (CPI); • July 31, Thursday, 12:30 (UTC) — publication of the United States' June Personal Consumption Expenditure Price Index and Initial Jobless Claims; • August 1, Friday, 09:00 (UTC) — publication of the Eurozone Consumer Price Index (CPI) for July; • August 1, Friday, 12:30 (UTC) — publication of the average hourly wage, changes in the number of employees in the non-agricultural sector, and the unemployment rate in the United States for July; • August 1, Friday, 13:45 (UTC) — publication of the U.S. Manufacturing Purchasing Managers' Index (PMI) for July. *This post is not a financial recommendation. Make decisions based on your own experience. #analytics