📊 Analysis #BTC

1. Liquidity data is clear:

Strong buying demand in the range of 112K 💰

A huge wall of sell orders around 127K, which could block any breakout 🚧

🔑 What this means:

A drop to 112K may provide a buying opportunity.

Movement towards 127K is likely to meet strong resistance.

🎯 Keep a close eye on these key levels – they will determine the next big move.

2. The price is trading within a descending wedge on the 4-hour timeframe, bouncing off the lower boundary, it's important to break above and hold above for continued growth.

3. Shorts worth 6 billion dollars will be liquidated when $BTC reaches 124 thousand dollars.

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