$BTC latest update
A large amount of liquidity has started to build right below the recent low around $61.8k.
This was caused by the fact that many new longs entered the market during yesterday's pump.
From a liquidity perspective alone, this makes the $61.5k-$60k area our new main target.
However, for now the structure remains bullish, and as long as that's the case, there might still be room for additional upside.
Once the structure breaks, I expect this liquidity to get swept quite quickly.$BTC
A large amount of liquidity has started to build right below the recent low around $61.8k.
This was caused by the fact that many new longs entered the market during yesterday's pump.
From a liquidity perspective alone, this makes the $61.5k-$60k area our new main target.
However, for now the structure remains bullish, and as long as that's the case, there might still be room for additional upside.
Once the structure breaks, I expect this liquidity to get swept quite quickly.$BTC