๐จ๐ Bitcoin Update | Critical Market Zone
Bitcoin is currently moving within a strong decision area around 77K after a rapid upward movement fueled by significant liquidity and massive short liquidations.
๐ฅ What Happened:
Rapid rise of about +2000$
Liquidation of short positions worth hundreds of millions
The market reacted more to news than to technical analysis
๐ง Current Situation: The price is now in a strong battle zone:
Either we continue to rise if it holds above 77K
Or reject and drop after a liquidity trap
๐ Potential Scenarios: ๐ข Holding above 77K โ Rise towards 79K then 83K
๐ด Rejection from the area โ Drop towards 74K then 72K
๐ก Sideways โ Range movement between 75K and 78K
โ ๏ธ Important Note: The market currently has no clear trend, but rather a liquidity zone and a hunt for positions more than a clean trend.
๐ฏ A smart trader doesn't speculate... they wait for entry confirmation.
#TrumpSaysIranDealLargelyNegotiated #BTC #BsB #Binance #BinanceHerYerde $BTC
$ETH
$BNB
Bitcoin is currently moving within a strong decision area around 77K after a rapid upward movement fueled by significant liquidity and massive short liquidations.
๐ฅ What Happened:
Rapid rise of about +2000$
Liquidation of short positions worth hundreds of millions
The market reacted more to news than to technical analysis
๐ง Current Situation: The price is now in a strong battle zone:
Either we continue to rise if it holds above 77K
Or reject and drop after a liquidity trap
๐ Potential Scenarios: ๐ข Holding above 77K โ Rise towards 79K then 83K
๐ด Rejection from the area โ Drop towards 74K then 72K
๐ก Sideways โ Range movement between 75K and 78K
โ ๏ธ Important Note: The market currently has no clear trend, but rather a liquidity zone and a hunt for positions more than a clean trend.
๐ฏ A smart trader doesn't speculate... they wait for entry confirmation.
#TrumpSaysIranDealLargelyNegotiated #BTC #BsB #Binance #BinanceHerYerde $BTC
$ETH
$BNB