#BTCvsMarkets #BTCvsMarkets
Alert: If $BTC succeeds in triggering a specific liquidation wave, it is likely to flood the market with sell orders, and since the demand for BTC is already so high that even CEX exchanges are suffering from a supply shortage, these orders are expected to be executed quickly. Therefore, instead of a price drop, we might see it rise quickly towards the resistance area for a test! Unless no one is willing to pay such a high price near a major resistance area, which also makes sense.