Bitcoin market update in 1d | Last week, I shared a similar chart to inform that the market had taken liquidity above our ATH. In this case, we could see a fall from here, and the market is now taking a strong rejection from that zone.

Bitcoin market update | In the last Bitcoin market update, I mentioned that the market would complete our Extreme IDM with a healthy daily candle, and the market has done so. Currently, the market is trading above our Extreme IDM point and has already taken the liquidity above the ATH. Considering the current scenario, we could see the market move toward $111K to $113K. After that, I expect to see some correction in the market. Since the market has already touched $110K, it wouldn’t be surprising to see a rejection from this level.