Key Levels $BTC - Liquidation Trap 84k, beware of the MM unplugging! 🎯
• Resistance above: 85.2k - 86.0k (a very harsh take-profit sell zone; candle wicks keep getting hammered down).
• Critical support: 83.0k - 82.5k (a dense Stop Loss area for the Longs).
• MM trap: A huge OI anchored near 8 billion USDT, with 66% big players (L/S 1.95) pressing the Long side. Very likely to see a wick-snagging spike that breaks through 83k to sweep liquidity before the next push.
• Advice: Don’t FOMO into a half position at 84k! Wait for the wick pullback to 82.8k to grab the drop, or wait for the H4 candle to close decisively above 85.5k, then follow.
$BTC #BTC #Crypto #BinanceSquare
• Resistance above: 85.2k - 86.0k (a very harsh take-profit sell zone; candle wicks keep getting hammered down).
• Critical support: 83.0k - 82.5k (a dense Stop Loss area for the Longs).
• MM trap: A huge OI anchored near 8 billion USDT, with 66% big players (L/S 1.95) pressing the Long side. Very likely to see a wick-snagging spike that breaks through 83k to sweep liquidity before the next push.
• Advice: Don’t FOMO into a half position at 84k! Wait for the wick pullback to 82.8k to grab the drop, or wait for the H4 candle to close decisively above 85.5k, then follow.
$BTC #BTC #Crypto #BinanceSquare