🚨🚨$BTC WEEKLY LIQUIDATION HEAT MAP
✅ BTC made a nice drop to the 107k demand level,Which was very important demand zone, as the market needed some sell side liquidity to push price back up.
✅ There are key levels that we need to pay attention to right now in the market. 📌BTC needs to close the 112k price level with a strong momentum candle before we can confirm the continuation to the upsides as these area is an important resistance zone that BTC might respect and this could lead to a slight price retrace to the downside targeting the daily imbalance at the 110k price range.
✅ Following the BTC liquidation heart map, we can see that in the immediate short term there is a lot so buy side liquidity resting above 112k to 118k, and we need to see BTC clear that liquidity before any further move either to the downside or a continuation to the upside targeting 124k which is also another level to watch out for in the market.
🚩 Let's also not that if we look at the liquidation heat map the 100k to 95k are also another significant levels we should be paying close attention to as we might see price dropping to those levels sweeping out the liquidity before making a very proper move to the upside probably creating a new all time high.
we should not only hope for BTC to continue pumping, we should expect it to dump. Historical, the month of September has always been a worst performing month for #BTC
⛔️ THIS IS NOT FINANCIAL ADVICE PLEASE (DO YOUR RESEARCH)
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