#BTCvsMarkets 🚨
If $BTC triggers the highlighted liquidation cluster, expect a flood of sell orders to hit the market. However, given the extremely high demand for BTC and limited supply on centralized exchanges (CEXs), these sell orders should be filled quickly. This could lead to an upward surge as the price tests the resistance area instead of tumbling down!
But keep in mind, if traders are hesitant to pay the elevated prices near major resistance, a reversal could also be on the table. Stay vigilant! 📈💥 #BTCvsMarkets