Bitcoin Update (For Traders)
A significant liquidation cluster is visible in Bitcoin between $96,000 and $98,000. These areas are marked in yellow and red, indicating that there are many short positions with stop losses set here. 🙂🙂🙂🙂🙂🙂🙂🙂
This means that if the price reaches this range, many short positions could be liquidated at once — which could create a big move.
Now the question is whether the price will actually reach this point, and clear these clusters at the same time.❓❓❓❓❓❓
Keep an eye on the market, and be prepared according to your trading plan.
