🚨 BTC LOSES ANOTHER KEY ZONE 🩸📉
👀 Keep an eye on this because it's getting interesting
Follow me for more info
👎 Horrible daily close for #bitcoin
The zone of $65,700 has been lost and now the price is hovering around 63k 😳
📊 What many aren't seeing is that the market is cleaning liquidity step by step
🩸 First 70k
🩸 Then 67k
🩸 Now the focus is on 60k
🐳 And if the selling pressure continues, it wouldn't be surprising to see a sweep even below that zone
🔥 Historically, $BTC tends to overshoot the levels everyone expects
When everyone is pointing at 60k, it often ends up visiting 58k, 55k, or even lower before finding a real bottom
📉 Fear is skyrocketing
📉 Liquidations keep popping up
📉 Buyers still aren't showing strong absorption
⚠️ But be careful not to get overly confident on the bearish side
Above, there are still huge liquidity pockets between 68k and 75k that could trigger violent bounces when the market least expects it
🐳 For now, the bears are still in control
🎯 60k seems to be the next big magnet
🎯 57k would be the next zone to watch
🎯 And if panic accelerates, the conversation will start moving towards 51k and even the zone of 47k-48k
🔥 Do you think 60k will hold the line or are the market makers going to hunt for a much deeper sweep? 🐳🩸📉👀
👀 Keep an eye on this because it's getting interesting
Follow me for more info
👎 Horrible daily close for #bitcoin
The zone of $65,700 has been lost and now the price is hovering around 63k 😳
📊 What many aren't seeing is that the market is cleaning liquidity step by step
🩸 First 70k
🩸 Then 67k
🩸 Now the focus is on 60k
🐳 And if the selling pressure continues, it wouldn't be surprising to see a sweep even below that zone
🔥 Historically, $BTC tends to overshoot the levels everyone expects
When everyone is pointing at 60k, it often ends up visiting 58k, 55k, or even lower before finding a real bottom
📉 Fear is skyrocketing
📉 Liquidations keep popping up
📉 Buyers still aren't showing strong absorption
⚠️ But be careful not to get overly confident on the bearish side
Above, there are still huge liquidity pockets between 68k and 75k that could trigger violent bounces when the market least expects it
🐳 For now, the bears are still in control
🎯 60k seems to be the next big magnet
🎯 57k would be the next zone to watch
🎯 And if panic accelerates, the conversation will start moving towards 51k and even the zone of 47k-48k
🔥 Do you think 60k will hold the line or are the market makers going to hunt for a much deeper sweep? 🐳🩸📉👀