$BTC Over today, we've seen heavy price action to the downside, causing an increase in liquidations.
We've broken the BOS level, retested it, and bounced off it, showing selling pressure is high right now.
The next level to watch is $58.1k. If we push through this region, we're likely to see sudden price action toward previous cycle lows around $55k.
We've broken the BOS level, retested it, and bounced off it, showing selling pressure is high right now.
The next level to watch is $58.1k. If we push through this region, we're likely to see sudden price action toward previous cycle lows around $55k.