BTC BOTTOM 81500 ? Liquidity Hunting
BTC has been in a recent downward trend leaving traders dazed after our recent bonanza in price movement on the king crypto, alts have also made gains however we are seeing some winners emerge out of the pack.
BTC will always dominate market cycle and this continues to drive market price direction in all digital assets leaving bitcoin as our compass if you are trading. Investment is and can be unbound by btc on larger market cycles for long term hodl'rs
There is Liquidity in them there hills someone shouted as everone made there way to the PC for the Digital GoldRush, AI algos, Bots, Copy Trades, Big institutional cash injections and ETF's , it is a new day but liquidity will always be where the smart money trys to move the market on your dime.
We have overhead FVG from a 4hour, a large one that if we bounce off soft resistance at ~101,500 we may see smart money Sell into that area and if we do it seems to reason the whales are after all those unfilled orders in the 80k zone. Will we see BTC swing towards 90k - 81500? If we get movement into the bearish FVG above and cannot make new high market structure and a trend reversal we will ride this down trend into the 80's
Happy Trading
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git some
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.