BTC Update - Oct 21
Following yesterday's positive geopolitical news, $BTC saw a decent rally but still couldn't break past $84K to sweep the liquidity resting at $85K–$86K.
On the downside, LONG positions are building up strongly, making the liquidity pool between $80K and $78K grow denser by the day.
On the weekly timeframe, $BTC is still trading inside the range of last week's inside bar. It's completely understandable that liquidity is clustering around both the Week High and Week Low, and it's only a matter of time before price sweeps these levels.
That’s all for today’s heatmap update! If you found this helpful, drop a follow!
Following yesterday's positive geopolitical news, $BTC saw a decent rally but still couldn't break past $84K to sweep the liquidity resting at $85K–$86K.
On the downside, LONG positions are building up strongly, making the liquidity pool between $80K and $78K grow denser by the day.
On the weekly timeframe, $BTC is still trading inside the range of last week's inside bar. It's completely understandable that liquidity is clustering around both the Week High and Week Low, and it's only a matter of time before price sweeps these levels.
That’s all for today’s heatmap update! If you found this helpful, drop a follow!