$BTC — More downside coming.
Long liquidations are crushing shorts right now, about 2.5:1. That means the fat liquidity cluster is sitting below us, not above.
Intermediate trend? Still bearish. Structure and liquidity both point down.
I'm expecting another leg lower before we get any real push higher. Not calling a bottom here — let it sweep the lows first.
Long liquidations are crushing shorts right now, about 2.5:1. That means the fat liquidity cluster is sitting below us, not above.
Intermediate trend? Still bearish. Structure and liquidity both point down.
I'm expecting another leg lower before we get any real push higher. Not calling a bottom here — let it sweep the lows first.
