🗣️ A Brief Bitcoin Update !

Bitcoin is currently at a critical zone and this is quite important for us. Why? Because this is an IFVG (Inefficient Fair Value Gap) reaction zone and also a strong resistance point for #Bitcoin $BTC.

If we do not see a candle close above this zone and a negative news hits the market, the downward movement may continue at full speed. Additionally, there is noticeable liquidity accumulation in the lower regions. The nearest accumulation level is around 103,400 and a spike (liquidity acquisition) may occur here in the coming hours.

Currently, our first support region in the downward direction is at the level of 102,800$ . If we see 4-hour closes below this region, the next target could be the level of 98,800$ .