Bitcoin's price action showed significant buying pressure at $80,675 during the morning session. Initially, BTC experienced a pullback with bearish candles and large negative Deltas, indicating strong selling pressure. However, the footprint chart revealed a shift as consecutive positive Deltas emerged, signaling increased buying volume. The price is currently holding above $80,800, with sustained buying momentum confirmed by a green positive Delta.
Traders should monitor key signals: a sustained expansion of positive Delta could lead to a rebound targeting $81,500, while a negative Delta exceeding -200 may indicate a potential retest of lows. Additionally, price and Delta moving in upward resonance could signal a strong bullish reversal.
BTC Footprint Chart Indicates Buying Pressure at $80,675
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