What I’m learning about market structure (the hard way): Liquidation heatmaps
I used to think price just “moves” randomly.
Turns out, it often moves because someone is about to get forced out. Let me share how I’m learning to read this. 🧵
@TimeFreedomROB Bullish megaphone + bounce at cost of production + RSI off oversold target breakout above downtrend line to 100k+? Or any invalidation below production cost?
@Ameba_NM What's your exact MO/FTA level target on the downside if it breaks (around 2k or lower?), and any upside invalidation if we hold/reverse instead?
@edwardmorra_btc $BTC yeah, bounce to 76-78k first then retest ~69k bullish looks plausible.
Bearish only below 66k close. 70/30 bullish bias feels right watching that 69k flip if we push higher. Patient here.
@goldenpocketxbt With the current rejection and targeting PMVWAP, do you see any chance of a quick flush lower (maybe toward 65k or below) before any real bounce, or is PMVWAP (~68-69k zone based on recent action) likely to hold as the next major support/test area?
$BTC yeah, quick dip then rip still on alts waking up supports a bit more downside first before resuming up.
Not seeing a hard crash to 50k right now (more like 60-65k wick possible), long-term trend bullish anyway. Expecting the fuck-up higher next week after the flush. Cautious but leaning up resumption.
@ggg_trades $BTC yeah, I've seen quite a few KOLs calling for a pump to 80k popular idea for a relief rally or squeeze.
Still, crypto hasn't bottomed yet 45k-50k feels coming this year no matter what. Cautious here.
$BTC yeah, if price really holds and starts accepting higher, 80k-82k would be the perfect resistance zone for a beautiful trap.
Hoping for that clean pump up there so we can reload shorts heavy and drive it back down to 55k. Still leaning bearish overall, but waiting for clear confirmation before going all-in.
I’m also accumulating a small amount myself.
Honestly, if Bitcoin can reach $150K first, I’d already be very satisfied after that, anything higher is just a bonus.
In my view, Bitcoin is extremely hard to collapse long term. It has already survived multiple bear markets and still remains the king of the crypto market.