$BTC is pulling back after hitting a high of $105,800

If you look at the daily chart, we haven’t seen any healthy pullback, the price has gone straight up.

In my opinion, a retest of the 0.382 FOB level around $94K would be a healthy correction for Bitcoin. Based on the liquidation heatmap, we’re also seeing liquidity building up at lower levels.

This is one of the signs of a pullback, which is important for a sustainable and healthy market.

Stay tuned and follow for more updates!