🚨 Is $BTC building the perfect bottom before the next historic rally?
• Entry price: 61500
• First target: 64200
• Second target: 67000
• Third target: 70500
• Stop loss: 58800
Reason: The candlestick chart shows that $BTC has successfully liquidated the stop-loss zones of targeted long positions, and it's now stabilizing right above a high liquidity area and the key support range from February. Whales are capitalizing on the current panic and mass sell-off to build a massive accumulation base. After fully cleaning out the lower liquidity, the path of least resistance is a strong bullish rebound that drives the price back towards the main resistance zone at 70k.
• Entry price: 61500
• First target: 64200
• Second target: 67000
• Third target: 70500
• Stop loss: 58800
Reason: The candlestick chart shows that $BTC has successfully liquidated the stop-loss zones of targeted long positions, and it's now stabilizing right above a high liquidity area and the key support range from February. Whales are capitalizing on the current panic and mass sell-off to build a massive accumulation base. After fully cleaning out the lower liquidity, the path of least resistance is a strong bullish rebound that drives the price back towards the main resistance zone at 70k.