$BTC move prediction. !
So as we can see on the heat map guys most of the liquidity that was sitting at 69800-70000 from Tuesday ‘s longs got evaporated.
So what we could anticipate now is that it will also go up and liquidate all the shorters at 74-75000.
I believe this will be the case tomorrow due to the fact that is Friday.
On the chart there is a good sign that could also back up our theory.
The price went and retested the 50SMA on the 4H timeframe and rejected it completely as you can see on the photo (orange line).
However i do believe that all this craziness will soon come to a bigger retest of the 66000 and maybe even lower, it cannot continue going up in a straight line for ever.
This is unhealthy, and i know we all made some money but this movement of the last few months is going to be corrected at some point
