ANALYSIS PLAN $BTC TH FIRST WEEK OF OCTOBER
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-According to Liquidation Heatmap, the most liquid area is currently at 67Kxxx.
-Orders with volume of 1M-10M are showing signs of cooling down in the past week while orders with volume lower than 100K-1M continue to show positive signals.
-BTC H4 frame is forming a very strong resistance around 66K, RSI is currently starting to show signs of divergence, decreasing volume signals the weakening of the uptrend.
-OI has returned to sideways level, short trades have been liquidated or longs have taken profits, BTC is unlikely to run strongly in this period.
Conclusion:
Expect $BTC to adjust around 64Kxxx then jump up to take the bar area around 67Kxxx.
