Hello fellow traders,
The last few months have been pretty wavy for bitcoin.
The current market conditions indicate a further price correction ahead.
As we could not break March 2022 highs, we have created a lower high.
This indicates a further dump ahead.
The nearest liquidity grab for market makers is around $18.7-$19K.
As trade volume decreases, less selling capital is required to move price down as well.
Stay alert out there.
The last few months have been pretty wavy for bitcoin.
The current market conditions indicate a further price correction ahead.
As we could not break March 2022 highs, we have created a lower high.
This indicates a further dump ahead.
The nearest liquidity grab for market makers is around $18.7-$19K.
As trade volume decreases, less selling capital is required to move price down as well.
Stay alert out there.