BTC just dumped from $84,800 to $81,200 liquidating $315M longs in less than 24 hours!!!
Now, $78,000 - $81,000 below has sizable liquidity that could be swept next.
However, $82,000 - $87,000 above now has around 1.5x larger liquidation clusters stacked up, making this the 'more likely' destination on the higher-time frame.
Bulls just got absolutely wiped out!
Now, $78,000 - $81,000 below has sizable liquidity that could be swept next.
However, $82,000 - $87,000 above now has around 1.5x larger liquidation clusters stacked up, making this the 'more likely' destination on the higher-time frame.
Bulls just got absolutely wiped out!