🔥 Bitcoin Hunts All Downside Liquidity — What’s Next? 📉🚀
📉 Bitcoin (BTC) has just cleared out nearly all the downside liquidity zones — precisely as anticipated by market analysis.
Now, the critical question facing traders and investors:
Will BTC capitalize on this by surging upwards to target the remaining liquidity above, or will the selling pressure persist, leading to further downside? 🤔
🔍 Current Liquidity Landscape:
On the downside, there is still roughly $50 million in liquidity concentrated around the $103,817 level. This zone acts like a strong magnet, attracting price action.
The key support at $104,873 has been a major battleground, holding firm as BTC has already bounced from this level once.
👉 Scenario 1: BTC Holds Key Support at $104,873
If BTC retests and holds this support level again, it could signal strength and open the path for a potential move to hunt for the remaining upside liquidity. This means bulls may push price higher to target areas where stop losses and limit orders are stacked above, potentially triggering a strong rally.
🚨 Scenario 2: BTC Breaks Below $104,873
A break below this critical support could unleash more downside pressure, likely resulting in deeper sell-offs. Traders should prepare for additional pain if BTC fails to maintain this level, as the next liquidity pools below become targets.
⚡ Bottom line: The $104,873 support is the key battleground for BTC right now. Watching how price behaves around this level will provide important clues for the next major move.
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