TradingView
SwallowPremium
Dec 12, 2023 8:29 AM

Bitcoin(BTC): Dropped 9%, Time For Small Retest!  Short

Bitcoin / U.S. dollarBitstamp

Description

Second Day: After amazing movement to the lower zone, re-testing the trend, and filling our first FVG zone, the price has dropped by 9%. During that drop, BTC also liquidated multiple positions (look at the heatmap), and now the closest liquidity is laying in the upper zones.

With that being said, we are seeing a high probability of movement to upper zones to re-test them and potentially liquidate more positions, and after that, we are going to aim for that major drop that we have been waiting for some time now!

We still have a lot of FVG zones to reclaim in the lower zones!

More