$BTC Most liquidity obviously sits higher according to the liquidation heatmaps.
This is due to the sharp flush we saw from the $80Ks to the $60Ks.
$60K is a level to watch on the downside but besides that, all the big liquidity clusters sit above.
$BTC
We tested the weekly open and swept Saturdayβs wick high.
If we canβt reclaim it with, the move likely fades back down toward 75.9K, the current CME close.
$BTC managed a close above the $75,000 level.
Now, the key zone to reclaim is $77,500-$78,000 for a rally towards the $80,000 zone.
If Bitcoin fails to hold above the $78,000 level, it will sweep the $75,000 zone again.
$BTC Has been in a down trend on the high timeframe since topping in October.
But since the February bottom, Bitcoin has been in a local up trend.
This just shows you how market structure and trends are all about perspective and you should also use this during your trading.
Bulls have had the upper hand in the past 2-3 months but for all we know, this was just another lower high in the big down trend.
This is why it's important to also make a change between your short term trades and long term spot holdings. Each should be treated differently.
The market is heating up! π₯ Which memecoin is about to pull a 100x and break the internet? Iβm looking for the next big moon mission.
Drop your gems below! π
#Crypto#Memecoins
$BTC update . Carefull !!!!!
You can call me crazy if you want, but please read this entire post
A few weeks before BTC dropped to 70k, many people called to open long positions, and BTC then dropped another 15% to liquidate all long positions.
Currently, many people are calling to short BTC. I think BTC will pump another 15% to liquidate all short positions.
In this market, going against the crowd significantly increases your chances of winning.
BTC is likely to reach 91k-92k soon.
Bitcoin is now repeating the same Bull Trap weβve seen every cycle.
This pattern always ends the same way - and this time $BTC will dump to $52K next week.
Donβt become exit liquidity.
$BTC third time rejecting around this area, it's called $72.4k.
Sell pressure is a lot from above, we need really good news to break it, until then sellers are going to print.
Let's see
$BTC Swing Trade Idea.
Very High R:R and Very small Stop loss and invalidation.
Note : Be ready to accept risk, and take smaller amount if scared.
#btc#btcusdt#bitcoin