Bitcoin next liquid zone where orders rest is at $54,150 and we can possibly tap this area this week or soon. Historically from what I know this price has been very liquid as in the past fell like $8k back in 2021 in less than an hour. Also, back in 2024 it bounces around in price a lot in this exact price so we can possibly see big moves. Since mid-May bitcoin been dropping and that has to do with investors, financial institutions, and banks trusting the USA economy and dollar, making them comfortable/safe to pull their money from safe heavens like Gold, Oil, Bitcoin and put their money elsewhere for bigger gains. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.