BTC USD 115k Resistance as Liquidity Games and Macro Fears Weigh Down Crypto
Bitcoin is getting slapped down to below $113k as bulls failed to reclaim key technical levels. Looks like the previous ATH at around $112k is now acting as support, and what we want to see is bulls taking the wheel.
Unfortunately, the price between 200 EMA & SMA ($111-115k) looks heavy, and BTC has already been rejected once from that upper 115k level. The lower point of the volume profile also supports this analysis.
what's your take on this ?
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