BTC Status Update
The third touch of the support zone at $75,500 weakens buy orders and confirms the exhaustion of liquidity at this level.
I expect selling pressure to break the $75,500 levels to trigger stop-loss orders and capture the accumulated liquidity below this range, followed by a subsequent rise.
The third touch of the support zone at $75,500 weakens buy orders and confirms the exhaustion of liquidity at this level.
I expect selling pressure to break the $75,500 levels to trigger stop-loss orders and capture the accumulated liquidity below this range, followed by a subsequent rise.
