Bitcoin futures (MBT Micro Bitcoin Futures) are trading at $95,640 today, slightly above the day's Volume Weighted Average Price (VWAP) of $95,600. Recent sophisticated order-flow analysis—typically accessible only to institutional traders—highlights strong and increasing buying activity around crucial support zones. This suggests strong bullish potential for the current market session.
Volume Profile visualizes the volume traded at specific price levels during a given timeframe. It helps traders identify areas of high activity (support and resistance) and reveals price levels where buyers or sellers were most active.
Understanding Order Flow Data
Key Levels for Today's Bitcoin Futures Trading
Session’s POC (Point of Control): $95,790, representing today's area of highest trading volume.
Next Bullish Target: $96,590 (Value Area High from April 25th), a critical bullish objective for further upside potential.
Friday's VWAP (April 25th): $95,515
Yesterday’s POC: $94,500
Critical Support Level: $93,620 (April 24th Value Area Low), representing the final defensive line for bullish sentiment.
Detailed order flow and volumetric analysis, combined with additional technical tools (Modified Schiff Pitchfork and Donchian Channels), further reinforce a bullish bias:
Momentum indicators derived from order flow analysis confirm positive Delta changes, indicative of growing bullish strength.
Bitcoin Prediction Score at the Time of This Analysis Today: +4 (Moderate to Strong Bullish Outlook)
Strategic Levels & Psychological Insights
Risk Management Strategy
Bitcoin Prediction for Today: Bottom Line
Stay vigilant, trade responsibly, and manage risk appropriately based on the detailed analysis provided.
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This article was written by Itai Levitan at www.forexlive.com. Read More Details
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