Crypto analyst Castillo Trading identifies key Bitcoin entry zones and resistance levels as BTC prepares for a possible correction. Learn where to enter.  In the latest Bitcoin price analysis, crypto analyst Castillo Trading has spotlighted crucial BTC entry zones as the market anticipates a potential price correction. Following a volatile week that saw Bitcoin dip below $80,000 and then rebound to $86,000, traders are now watching for key support and resistance levels to guide their next moves.

Key Resistance Zones to Watch

Currently trading around $84,295, Bitcoin is up 0.53% on the day and 3.41% for the week. However, resistance looms. According to Castillo Trading’s chart, several Naked Point of Control (nPOC) levels may act as significant hurdles for BTC’s uptrend.

These nPOC levels—which represent high-volume price zones not yet revisited—include:

• $107,877

• $104,802

• $98,407

• $95,756

Since nPOC zones often function as magnetic price areas, Bitcoin could face strong resistance or even reversal as it approaches these levels.

Bitcoin Entry Zones for Long Positions

As Bitcoin flirts with new highs, Castillo Trading suggests traders consider potential long entry zones between $82,000 and $75,000. The most notable levels include:

• $82,000

• $76,949

• $74,265

These zones are based on nPOC levels, which could provide solid support during a market correction. According to the analysis, these entry points present favorable opportunities for traders looking to capitalize on a potential rebound in BTC.

Large Holders and Accumulation Trends

Complementing this technical outlook, data from IntoTheBlock sheds light on large holders’ Bitcoin behavior. While short-term metrics show a 29.05% decline in large holder inflows over the past week—indicating cautious sentiment—longer-term trends remain bullish:

• Over the past 30 days: +465% increase in inflows

• Over the past 90 days: +108% increase

This suggests that despite short-term volatility, BTC accumulation by big players continues on a broader scale.

Impact of Unstaking Activity

In a separate development, 14,929 BTC (worth $1.26 billion) was recently unstaked from the Babylon decentralized staking platform. The move coincided with a brief price dip from $85,164 to $83,500—highlighting how large-scale transactions can influence the Bitcoin trading strategy of both institutions and retail investors.

Final Thoughts

As Bitcoin navigates through its current price action, keeping an eye on these BTC entry zones and nPOC resistance levels could be vital for traders. Whether you’re preparing for a dip or aiming for the next breakout, aligning your Bitcoin trading strategy with these technical insights may give you the edge in this dynamic market.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

1. What are the key Bitcoin entry zones according to Castillo Trading?
Castillo Trading highlights BTC entry zones between $82,000 and $75,000, with specific levels around $82,000, $76,949, and $74,265, based on nPOC support areas.

2. What is an nPOC level in Bitcoin trading?
An nPOC (Naked Point of Control) is a price level with high trading volume from a past session that hasn’t been revisited. It often acts as a magnet for price action, making it useful for identifying support and resistance.

3. Why is Bitcoin expected to correct in the near term?
Short-term bearish signals, including a 29.05% drop in large holder inflows, suggest a potential Bitcoin correction. Analysts are watching closely for pullbacks to key entry zones.

4. How do large holder inflows affect Bitcoin’s price?
When large holders (whales) accumulate Bitcoin, it typically signals bullish momentum. A drop in their inflows, like we’ve seen recently, can indicate reduced market confidence or upcoming volatility.

5. How did the Babylon BTC unstaking impact the market?
The unstaking of 14,929 BTC ($1.26 billion) from Babylon triggered a minor price dip, showing how big transactions can significantly affect short-term Bitcoin price movements.