Liquidity Location 🟢
If Bitcoin reaches $114,000 in the near future, short sellers will be liquidated for about $7.6 billion!
At the lower end, around $92,000, there is also a significant amount of liquidity, but it is approximately 30% less.
However, at the level of $91,000, there is $9.8 billion, which is 30% more than above.
For this reason, a short-term correction is possible, but it will not change the overall upward trend, and the market will continue to grow after a brief consolidation phase.
Nevertheless, it is important to understand that in the medium term, the market is aimed at gathering key liquidity volume, which is above us. Therefore, as I noted earlier, after a good local pullback or after a longer sideways trading, be prepared for continued growth.
