#BTCvsMarkets
If $BTC triggers the highlighted liquidation cluster, the resulting sell orders could flood the market. However, given BTC's high demand—with even CEXs experiencing low supply—these orders may get absorbed quickly.
Instead of a price drop, this could propel BTC upward to test the resistance zone. That said, if buyers hesitate to chase prices near a major resistance level, a reversal could still make sense.#BTCvsMarkets