#bitcoin Heatmap Update
š¹ Nailed this move - Bitcoin hit the lower level as expected.
š¹ In the morning, we clearly said the price was showing a downside move.
š¹ Price broke below the $122K level and took out both sides of liquidity.
š¹ If you took a short based on this analysis, you should have made good money.
š¹ Currently, price is trying to hold the $117K level.
š¹ If we lose this level, another wave of selling could follow.
š¹ Holding this level, however, may lead to a quick recovery.