$BTC
We had a spike in volume today with a $2500 move...
This caused the small cluster of liquidity to get swept around $85.5k. With the rejection being so violent off this region, selling pressure is clearly starting to increase.
Also, with spot volume being low, the probability of a continuation lower is getting more likely.
Especially if price holds below the 0.5 fib level.
$BTC
We had a spike in volume today with a $2500 move...
This caused the small cluster of liquidity to get swept around $85.5k. With the rejection being so violent off this region, selling pressure is clearly starting to increase.
Also, with spot volume being low, the probability of a continuation lower is getting more likely.
Especially if price holds below the 0.5 fib level.
$BTC
