As expected, BTC has cleared all the lower liquidations, and now there's not much liquidity left at the lower levels.
From a technical perspective, BTC is forming a falling wedge pattern, and we're currently at the lower support level, which appears solid as a support zone. We also have the 100 EMA acting as additional support here.
In my opinion, this is a good time to buy the dip. According to the liquidation heat map, there are millions of dollars in liquidations between the $111K–$112K range.
Technically, we're also at a strong support level. So I’m expecting a bounce toward the upper liquidation zones.
I’ll keep you posted as things unfold. If you find my updates helpful, don’t forget to like and follow for more! #Bitcoin2025 $BTC
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