🚨 MORE THAN $80M IN BUY ORDERS ARE CONCENTRATED ON BITCOIN!
Interesting data has emerged from the order book.
Yesterday, demand around $80,000 helped BTC bounce, but so far the move has failed to continue.
There is currently a lack of buyer activity in the spot market, and the price is approaching support again.
Meanwhile, below current levels, buy orders worth more than $80 million are placed in the $78,000–$79,000 range.
☝️So the scenario of another decline, which I warned about this morning, remains in play for now. If buyers fail to hold the current area, the next attempt to buy the dip could happen even lower.
Interesting data has emerged from the order book.
Yesterday, demand around $80,000 helped BTC bounce, but so far the move has failed to continue.
There is currently a lack of buyer activity in the spot market, and the price is approaching support again.
Meanwhile, below current levels, buy orders worth more than $80 million are placed in the $78,000–$79,000 range.
☝️So the scenario of another decline, which I warned about this morning, remains in play for now. If buyers fail to hold the current area, the next attempt to buy the dip could happen even lower.
