$BTC

Tick tock, tick tock.

The majority of downside liquidity has now successfully been swept, while the highs remain untouched.

On the upside, a large cluster of low-leverage short liquidations has now built up from $86k all the way up to $89k.

Considering that we’re still in a macro uptrend, I see the $86k–$89k region as our next major target over the coming weeks.

Sooner or later, I expect this liquidity to fuel the next explosive move to the upside.