๐จ $BTC โ WHAT WAS THAT CRAZY $80K WICK? ๐๐
Guys, Iโm still trying to understand that insane wick around $80,000. ๐ณ
CPI came in line with expectations, just as I mentioned before the release. But Core CPI YoY came in hotter than expected.
So the data looked neutral to slightly bearishโฆ yet BTC printed a crazy move. ๐คฏ
Was that simply a liquidity grab?
Or was it something bigger? ๐
My view: those green candles may have created the perfect exit liquidity โ FOMO kicked in, late buyers chased the move, and big money potentially got liquidity above the $79,500 area.
And now, the next few days could get VERY interesting. โ ๏ธ
๐ 15 September โ CLARITY Act developments
๐ 16 September โ Fed rate decision / 25 bps cut expectations
With Friday approaching and the weekend ahead, volatility could increase sharply. ๐ช๏ธ
If BTC loses key support, could we see a โBlack Mondayโ style move? ๐
Or are the bears about to get trapped instead? ๐๐ป
๐ What do YOU think caused that $80K wick โ liquidity grab or big-money exit?
click here to trade ๐
#BTC #Bitcoin #Crypto #BinanceSquare #TradingTales
Guys, Iโm still trying to understand that insane wick around $80,000. ๐ณ
CPI came in line with expectations, just as I mentioned before the release. But Core CPI YoY came in hotter than expected.
So the data looked neutral to slightly bearishโฆ yet BTC printed a crazy move. ๐คฏ
Was that simply a liquidity grab?
Or was it something bigger? ๐
My view: those green candles may have created the perfect exit liquidity โ FOMO kicked in, late buyers chased the move, and big money potentially got liquidity above the $79,500 area.
And now, the next few days could get VERY interesting. โ ๏ธ
๐ 15 September โ CLARITY Act developments
๐ 16 September โ Fed rate decision / 25 bps cut expectations
With Friday approaching and the weekend ahead, volatility could increase sharply. ๐ช๏ธ
If BTC loses key support, could we see a โBlack Mondayโ style move? ๐
Or are the bears about to get trapped instead? ๐๐ป
๐ What do YOU think caused that $80K wick โ liquidity grab or big-money exit?
click here to trade ๐
#BTC #Bitcoin #Crypto #BinanceSquare #TradingTales
