The price has already removed the liquidity shelf under 112600 and may well give some kind of reversal towards 115k from the current one and this scenario is clearly not worth denying
No! Below there is also a fat, unremoved shelf of liquidity under 111900 —> As I said in my previous analysis (t.me/cryptokazancev/8986), the price may well go lower to the range of 111800-109800 and give a good reversal movement from there
In this scenario, the most likely scenario I see is a price reaction from the Order Block of 110400-111400, from where I will even try to consider some longs if I see good reversal structures
🎯 Long targets - POC level and Order Block in the region of 117800-118600
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Can BTC fall even lower? 😱
Of course yes! This is the market
But I still consider the scenario of a quick exit below 110k as unlikely (Unless a short spike in the 108-110 area with a subsequent quick buyback)
But if suddenly some really panicky news is brought in now and everything goes down the drain, then the next stop for BTC, where it is worth thinking about longs, is the 105-107k range. But of course, it is still very far away from there
