Listen carefully guys......
Do you remember what I told you yesterday??? I clearly said this was a good opportunity to buy $BTC for the long term, and now the market is starting to validate that view.
As you can see, our position is moving in the right direction. Buyers are gradually stepping back into the market, and #Bitcoin is showing early signs of recovery. The momentum is still building, so patience remains the key.
If you're already in the trade with me, I believe this is the time to ...
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$BTC doesn't seem to have much liquidity left below 57K on the higher time frames. Without that fuel, there's really no strong reason for price to keep pushing lower right now. 🔔
If we tap into those levels though, it sets up a clean scalp long opportunity.
That said, if 57K gets taken out anyway, even without liquidity sitting there, we could see a move down toward the 53K zone. This area is getting close to what might be a real capitulation point.
#BitcoinDown32%InH1