$BTC
The liquidity pocket below the price was a great opportunity for us, as it helped absorb a good number of sell-offs in the event of a drop, allowing the range support to hold. And that’s exactly what happened!
Now, the next target remains, as always, the $120,000 level — the top of the range.
On the way up, large limit sell orders have appeared around $118,700, w
hich is also a good thing as it could slow Bitcoin down, ease BTC.D, and give Altcoins a chance to regain strength.
I’m excited to see what the market has in store for us at the end of this week!