Hey guys, doesn't the BTC look like a roller coaster this morning? Early in the morning, it was sluggishly hovering around 88k-89k, making everyone yawn. It seemed like we were in for a sideways scenario until late at night.
Yet, since early this afternoon, the "people" have started to move. The green candles keep rising steadily, signaling that the buyers are full of energy. Then suddenly, there was a miraculous surge, it broke through the 90k mark as easily as if it were nothing! That's amazing!
Currently holding strong above 90k, creating quite a solid foundation. But don't celebrate just yet. Look at that heatmap, there’s a whole "bunch" of liquidity waiting around the 92k-93k mark. That's both a "magnet" pulling the price up and could be an extremely annoying resistance area.
So what? Will it test that area and then get a slight "correction"? Or with this momentum, will BTC shoot straight up and break through? This trade smells good or bad, and you have to keep your eyes peeled for each subsequent candle to find out. Anyone in a Long position remember to set your SL carefully, this market is no joke!
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