🩸 $BTC : More downside is inevitable.
Long liquidations currently outweigh short liquidations by roughly 2.5:1, leaving the much larger liquidity cluster sitting below price.
At the same time, the trend on intermediate timeframes remains bearish.
With both structure and liquidity still favoring the downside, I continue to expect another move lower before any larger continuation to the upside.
Trade Accordingly 👇🏻
Long liquidations currently outweigh short liquidations by roughly 2.5:1, leaving the much larger liquidity cluster sitting below price.
At the same time, the trend on intermediate timeframes remains bearish.
With both structure and liquidity still favoring the downside, I continue to expect another move lower before any larger continuation to the upside.
Trade Accordingly 👇🏻
