#BTCvsMarkets
$BTC #BTCvsMarkets SIGNAL ALERT
If Bitcoin ($BTC) manages to hit the highlighted liquidation cluster, it could trigger a wave of sell orders. However, given the current high demand and the fact that centralized exchanges (CEXs) are facing low BTC supply, those sell orders may get absorbed quickly.
As a result, instead of a price drop, we might actually see BTC surge upward, potentially pushing toward the resistance zone for a test.
That said, there's also the chance buyers may hesitate at such elevated levels, especially near a key resistance — which would also be a logical reaction.
#BTCvsMarkets