This is unbelievable.
On Monday, $BTC dumped from $65,600 to $63,000 liquidating $806M.
On Tuesday, $BTC dumped further below $62,700 liquidating $416M more.
And today, #BITCOIN pumped back above $64,600 liquidating another $209M.
$1.43B total Crypto liquidations in 3 days alone!!!
Now, $65,000 - $67,500 has sizable liquidity that could be swept next - potentially leading to higher levels.
However, $60,500 - $63,500 has slightly larger liquidation clusters stacked up currently, making this the 'higher probability' zone to visit next.
Bulls really need to sustain momentum here.
$BTC
On Monday, $BTC dumped from $65,600 to $63,000 liquidating $806M.
On Tuesday, $BTC dumped further below $62,700 liquidating $416M more.
And today, #BITCOIN pumped back above $64,600 liquidating another $209M.
$1.43B total Crypto liquidations in 3 days alone!!!
Now, $65,000 - $67,500 has sizable liquidity that could be swept next - potentially leading to higher levels.
However, $60,500 - $63,500 has slightly larger liquidation clusters stacked up currently, making this the 'higher probability' zone to visit next.
Bulls really need to sustain momentum here.
$BTC