$LTC is pushing into the $92 to $96 supply zone after a bul | Cas Abbé on Binance Square

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$LTC  is pushing into the $92 to $96 supply zone after a bullish CHoCH 
A breakout here will send it to $96 and higher

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Stablecoin MCap has just hit a new ATH of $220 billion. There is an enormous amount of liquidity sitting on the sidelines. The crypto market just one narrative like ICOs/NFTs and the liquidity will start flowing into alts.

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Bitcoin Price Analysis 🚨 $BTC broke above $97K yesterday and is currently trading just below it. Some people are calling for a correction while a few are expecting a breakout above $100K. Let's analyze to see which direction BTC could go. First of all, BTC OI has increased by $3B in the past 2 days while the funding rate has been positive. This seems like a perp driven rally but here's a catch. In the past 2 days, Bitcoin ETFs have bought $370M worth of BTC. This means there has been some demand coming from ETFs. Looking at the liquidation map, shorts and longs are looking even. So it will all come down to 2 things. Spot demand (mainly from Coinbase) and funding rate. If there is a spike in Coinbase Bitcoin Premium during US hours, my bet will be to the upside. If BTC fails to attract spot demand, I think we could see a long squeeze with BTC potentially reaching $94K to $95K level.

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