$BTC is retracing after reaching a high of $105,800

If you look at the daily chart, we haven't seen any healthy retracement; the price has gone up directly.

In my opinion, a retest of the FOB level of 0.382 around $94K would be a healthy correction for Bitcoin. Based on the liquidation map, we are also seeing liquidity accumulating at lower levels.

This is one of the signs of a retracement, which is important for a sustainable and healthy market.

Stay tuned and follow for more updates!