#BTC 81K broke, everyone is watching 83K, and it feels like a big move is coming. But I think this is more like the final round of bull-trap/misdirection.
81K→85K→72K→66K→60K. A false breakout is most likely around the 85K area, then it will move downward to liquidate positions. 60K is the key liquidity sweep level.
The bottom has never been formed out of panic. It’s formed quietly when everyone thinks the bottom is already in.
81K→85K→72K→66K→60K. A false breakout is most likely around the 85K area, then it will move downward to liquidate positions. 60K is the key liquidity sweep level.
The bottom has never been formed out of panic. It’s formed quietly when everyone thinks the bottom is already in.
