This idea is wrong.
Bitcoin price is resting above Point of control area thus resting on heavy support - demand zone.
Price will NOT move lower organicly. This is the bottom for bitcoin for now.
This trading range is a liquidity pool - only a stophunt and a stoploss/liquidation domino can unleash this pool downwards by liquidating highly leveraged longs.
Bitcoin price is resting above Point of control area thus resting on heavy support - demand zone.
Price will NOT move lower organicly. This is the bottom for bitcoin for now.
This trading range is a liquidity pool - only a stophunt and a stoploss/liquidation domino can unleash this pool downwards by liquidating highly leveraged longs.