Bitcoin
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BTC - Where Is The Money?

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Analysis:

- Liquidity Points

Money Level Bulls: $64899

Money Level Bears: $50305

Money Level Bears: $46219

Money Level Bears: $43016

Opinion:

Markets seek liquidity in the form of stop losses aka liquidation levels

I have laid out the daily levels of liquidity for both the bulls & bears

After the serious liquidation at $55400 lets see which way BTC decides to go

Overall I am still long term bullish even if we go lower

If you are bullish then you should be buying at the lower money levels if we reach them :)

If you are bearish then you should be selling at the higher money levels if we reach them :)
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Will we liquidate $50305

OR

Will we start the bull run towards $64899

:)
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Liquidation @ $50305
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Bought BTC @ $49171 Stop Loss @47871 Risk 2.5%
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Exited BTC 1% Loss Will Look For Re Entry
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Can we get a bounce off 50305???

If we bounce we are headed for new ATHs

If we keep dropping lower then the next money levels are in play!
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Executed Long Position @ $49666
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Stop Loss Hit 2% Loss
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Executed Long Position @ $54897
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Exited Long Position @ $57500
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Looks like we had another LIQUIDATION @ $46219

Next level of interest is at 43K...

If we clear this I think the crypto world is going to lose its mind

Understand this is the time to be BUYING not panicking or selling your coins

BUY THE DIP
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LIQUIDATION @ 43K I am expecting a BOUNCE around here so expect a bullish move this week on BTC

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.