$BTC LIQUIDATIONS: WHAT'S THE CURRENT SITUATION? WHERE IS IT HEADING?
Looking at the liquidation map, it seems that all the downward pressure has already been absorbed. Therefore, the uptrend could continue.
Now all the liquidation pressure is above the current price, so I expect an upward move to happen first. A break above 85K would be quite normal.
Aside from that, the upward move will continue, and liquidation pressure will increase even further as it gains momentum, thanks to a snowball effect.
In my opinion, the direction is bullish! Do your own research
Looking at the liquidation map, it seems that all the downward pressure has already been absorbed. Therefore, the uptrend could continue.
Now all the liquidation pressure is above the current price, so I expect an upward move to happen first. A break above 85K would be quite normal.
Aside from that, the upward move will continue, and liquidation pressure will increase even further as it gains momentum, thanks to a snowball effect.
In my opinion, the direction is bullish! Do your own research