After scanning liquidity in the 108k region, $BTC is currently back-testing the 112k level, which is quite an important price area because if it breaks out, it will also confirm the break of the downtrend. However, this is facing many difficulties as the sell volume here is relatively large, meaning it supports the continuation of the downtrend.
$BTC will have about 2 days to break out, but after that period, it will be the weekend, along with the closure of the August candle. In the case of no sudden buy volume, it is highly likely that the last 2 days of the weekend will enter a new downtrend cycle.
$BTC will have about 2 days to break out, but after that period, it will be the weekend, along with the closure of the August candle. In the case of no sudden buy volume, it is highly likely that the last 2 days of the weekend will enter a new downtrend cycle.
