$BTC This Weekend
Spot volume steadily increased after yesterdays selloff, suggesting we may see 65.5-66k next.
Big chunk of weekly liquidation there...
However, there has been very little retracement over the past 7 days, which is uncommon.
Still a GREAT chance we pullback soon.
MM's are likely just letting retail pile in so they have their exit liquidity next week.
Spot volume steadily increased after yesterdays selloff, suggesting we may see 65.5-66k next.
Big chunk of weekly liquidation there...
However, there has been very little retracement over the past 7 days, which is uncommon.
Still a GREAT chance we pullback soon.
MM's are likely just letting retail pile in so they have their exit liquidity next week.