#BTC120kVs125kToday
🟠 $BTC
📄 This analysis is for liquidity and comparing supply and demand ratios
🚨 We start by noting that the actual selling pressure began from 121826 and this percentage increased when dropping below 119723
📄 Any daily close below 117612 will increase this pressure, which is logical after all this rise, specifically in Bitcoin
⭕ The two most important levels with liquidity and buying power are at 114813 and 110623
◀️ The current rebound from 116114 (the lowest point Bitcoin has reached currently at the time of writing this analysis) is insufficient in terms of liquidity and requires greater momentum, and attention here should be on the level of 117612
📄 Currently moving between 117612 - 114813, the range where Bitcoin stabilized before reaching the historic peak, and thus the stability of this range will give a boost for a greater rise