If we look at smaller timeframes, Bitcoin's nearest liquidatio | The Wolf Of Few Streets
If we look at smaller timeframes, Bitcoin's nearest liquidation levels are at 40,800 and 42,400. Considering that there is a quick bounce from the nearest support levels (just a few hours from 41,200), this indicates that the market is not yet ready for a correction. The energy to trigger bearish stop losses seems more likely at the moment. Therefore, for me, 42,400 is the priority target.
Opinions expressed here are my own and not financial advice. Crypto, forex, stocks. DM: @of_streets. Twitter (X): https://x.com/wolf_of_streets. Instagram: https://www.instagram.com/thewolfoffewstreet...