Review of Bitcoin Price Fluctuation Over the Last Six Months and Analysis of Support, Resistance Levels, and Trading Volume Concentrations Zones
Year: 2025
Type: article
Abstract: This article presents a comprehensive analysis of Bitcoin (BTC) price movements over the last six months, focusing on technical levels, market structure phases, and the distribution of trading volumes. The study identifies three major phases in BTC market dynamics: a growth phase, a distribution phase with a subsequent decline, and a current consolidation phase. Using data from Binance and analytical tools from TradingView, the research highlights critical support and resistance zones, as well as areas of volume concentration derived from the Volume Profile indicator. Special attention is paid to the most recent 1.5-month period, where price action is observed around significant liquidity levels in the $74,000–$86,000 range. The study confirms the relevance of resistance near $89,000 based on historical volume clusters. These findings may be applicable in both short- and mid-term trading strategies and contribute to a deeper understanding of crypto market behavior. Keywords:Bitcoin, technical analysis, resistance levels, support zones, volume profile, cryptocurrency market, price dynamics, liquidity zones, trading volume concentration.
Author: Vitalii Viter
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W6949323965
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