$BTC
Three big buy orders are lined up below!
The closest one is at $74,000.
There are buy walls at $72,000 and $70,000 too!
The chart still shows prices around $76,000.
If the price really drops, we’ll see which level can catch it!
In this order book, BTC is quoted at around $76,042, with noticeable clusters of buy orders near $74,000, $72,000, and $70,000 below. The $70,000 level stands out in particular. The closest level, $74,000, is the one to watch first. If selling pressure hits, this is where we’ll first see whether buyers are willing to step in.
I’ll watch whether the buy walls stay in place as the price approaches or get pulled early. If sell orders hit and buying continues, but the price can’t make a new low, there may be a short-term rebound opportunity. On the other hand, if $74,000 gets swept and the price can’t reclaim it for a while, the next level to watch is $72,000, with $70,000 as a reference point for a deeper pullback.
If $74,000 can absorb the selling pressure and the low moves higher after the pullback, the rebound will have a solid foothold.
If BTC first reclaims $76,800 and holds above it, bulls may also be able to skip the deeper dip and open up room for a rebound!
Tap the card below to get started! 👇
$ETH $ZEC
Three big buy orders are lined up below!
The closest one is at $74,000.
There are buy walls at $72,000 and $70,000 too!
The chart still shows prices around $76,000.
If the price really drops, we’ll see which level can catch it!
In this order book, BTC is quoted at around $76,042, with noticeable clusters of buy orders near $74,000, $72,000, and $70,000 below. The $70,000 level stands out in particular. The closest level, $74,000, is the one to watch first. If selling pressure hits, this is where we’ll first see whether buyers are willing to step in.
I’ll watch whether the buy walls stay in place as the price approaches or get pulled early. If sell orders hit and buying continues, but the price can’t make a new low, there may be a short-term rebound opportunity. On the other hand, if $74,000 gets swept and the price can’t reclaim it for a while, the next level to watch is $72,000, with $70,000 as a reference point for a deeper pullback.
If $74,000 can absorb the selling pressure and the low moves higher after the pullback, the rebound will have a solid foothold.
If BTC first reclaims $76,800 and holds above it, bulls may also be able to skip the deeper dip and open up room for a rebound!
Tap the card below to get started! 👇
$ETH $ZEC
