🔍 $BTC Update – Local Range Under Observation!
The price has made a false break of the local range, as:
🟥 Liquidity has been swept below the Range Low
🔻 A large number of previous buy positions were stopped out
📉 Many positions were liquidated after breaking last week's tail
Now, the price is trading again within the range between:
🔼 Range High: 105,543.11
🔽 Range Low: 103,371.86
📌 102,678.17 remains an important support area previously visited with a strong pull, and liquidity respected it.
⚠️ Since today is the weekend, significant movements are not expected.
But it’s good to monitor these levels in preparation for a potential move at the beginning of the week.
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