$BTC update: Liquidity pool to the downside retraced, deviation completed, looking solid. Market sentiment showing fear which is good, especially with a CME gap at $117k. I think there is a good chance that this continues to play out 🤝🙏

CrypNuevo
@CrypNuevo
08-24
So we could see something like this forming over the next couple weeks:
A move down first would clear the downside LP imbalance and also hit the liquidations at $110.9k and a lot of stop losses - it would be the perfect deviation.
Later, reclaiming $112k would be a clean entry.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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