🔥 $BTC / Bitcoin Update
Today’s dump drew a clear bracket in the liquidity structure. Late longs from the past few days got wiped off the board. 💥
📌 Overhead Resistance:
• Traders aggressively shorted the drop, stacking dense liquidation levels above.
• This acts as immediate resistance—but also as potential rocket fuel if we reclaim it. 🚀
📌 Support Below:
• Layers of long interest stepped in during the dip.
• Price is now compressed between these two massive pools.
⚖️ The Setup is Binary:
1️⃣ Reclaim the breakdown level:
• Shorts get trapped.
• Move to $94K could be violent as they are forced to cover.
2️⃣ Fail to hold $88K:
• Gravity takes over.
• Expect more flushes down the board.
💡 Keep your eyes on $88K and the breakdown level — the next move could trigger serious volatility.
