$BTC Liquidity is currently stacked heavily to the downside.
Due to today's selloff, price has already started tapping some of the liquidity sitting below.
However, the main liquidity cluster between $61k and $60.5k still remains untouched.
This area also lines up with a potential retest zone following the recent pump.
Therefore, I think the most likely scenario is for price to sweep that liquidity before pushing higher again.
Due to today's selloff, price has already started tapping some of the liquidity sitting below.
However, the main liquidity cluster between $61k and $60.5k still remains untouched.
This area also lines up with a potential retest zone following the recent pump.
Therefore, I think the most likely scenario is for price to sweep that liquidity before pushing higher again.