Overall Analysis 
BTCUSDT
The $43.5k-$44k has been a key level which Bitcoin has been rejecting from, and I shared this in our last video. It had several attempts at trying to break it until we fell to the downside. There are a few levels of support which we will be monitoring. I think one of the biggest support levels is going to be around the $41-42k. We saw it act as a large support from the 12th-19th before it broke down and flipped into resistance. It then took over a week to finally break above the level again and now for it to hopefully flip back into support. Overall, this level has been respected 10+ times. There is a potential if we hold this level now that we could form an Inverse Head & Shoulders pattern which would be very bullish.
Liquidity
We have been having a large build-up of liquidity around the
41K as well as a lot of short liquidity up around the $43.7k level. These levels are likely going to determine which direction our next move heads to. There is also a large amount of liquidity sitting around the $39-40k level.
Plan
Waiting for a clear signal, still seeing a possible scenario where we lose this current support level and liquidate the build-up we have to then go and challenge the lower $39.5k liquidity build-up. However, the flip side of this is if we hold onto the current level and push up to the $43k level, we will be confirming the Inverse Head & Shoulders pattern which we would then hope for a flip and pushing to new highs!
BTCUSDT The $43.5k-$44k has been a key level which Bitcoin has been rejecting from, and I shared this in our last video. It had several attempts at trying to break it until we fell to the downside. There are a few levels of support which we will be monitoring. I think one of the biggest support levels is going to be around the $41-42k. We saw it act as a large support from the 12th-19th before it broke down and flipped into resistance. It then took over a week to finally break above the level again and now for it to hopefully flip back into support. Overall, this level has been respected 10+ times. There is a potential if we hold this level now that we could form an Inverse Head & Shoulders pattern which would be very bullish.
Liquidity
We have been having a large build-up of liquidity around the
41K as well as a lot of short liquidity up around the $43.7k level. These levels are likely going to determine which direction our next move heads to. There is also a large amount of liquidity sitting around the $39-40k level.Plan
Waiting for a clear signal, still seeing a possible scenario where we lose this current support level and liquidate the build-up we have to then go and challenge the lower $39.5k liquidity build-up. However, the flip side of this is if we hold onto the current level and push up to the $43k level, we will be confirming the Inverse Head & Shoulders pattern which we would then hope for a flip and pushing to new highs!
Create Your Capital
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.
Create Your Capital
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.