#BTCvsMarkets
$BTC BTC is currently blazing towards a
massive liquidation cluster worth over
68.52M, at 93.8K level. It's a also nearing a
major resistance zone ranging from
93.9K to 96.3K level.
BTCUSDT
This is a very important psychological
level bulls need to clear to make a
statement that bull market
is in full swing!!!🐂🐂📈📈
If $BTC manages to trigger highlighted
liquidation cluster, most probably
those sell orders will flood the market
and because BTC is already in such
high demand, that even
CEXs are running low on supply, those orders
should be filled fairly quickly. Therefore
instead of price tumbling down,
we may see it shoot up towards the
resistance area to test it out! Unless no
one wants to pay such a high priced BTC
near a major resistance zone, which also
makes sense..