90% of traders ignore this key BTC indicator 📊🔥
At the time of writing this article, $BTC is trading at $76,887 after posting a daily high at $79,500.
Watch the following levels, because the chart shows a double top at $82,850
Shorts liquidation? It’s very likely that the price will try to break above $82,850 to sweep liquidity and the stop-losses of the accumulated short positions up there.
And then the trap for longs? After liquidating the shorts, we could see a strong reversal to catch the longs that enter by blindly buying the breakout.