📉 BTC Update: Just as Predicted — Downside Liquidity Hunt in Full Swing
As shared earlier in today’s BTC Liquidity Heatmap Update, Bitcoin has hunted the downside liquidity exactly as expected.
BTC is now trading near a local support at $101.3K. If this support breaks, market sentiment could flip bearish, putting bulls on the back foot.
🔻 A potential move toward $98K–$97K is on the table, especially with the 1-week heatmap showing large liquidity clusters between $101K–$96K but it seems right now!!
Also in play:
The CME gap at $92K remains unfilled, adding to the bearish pressure.
However —
This could shift quickly. A positive U.S. CPI print could reignite bullish momentum and reverse this short-term trend.
Stay alert.
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