Analysis:
- Liquidity Points
Money Level Bulls: $64899
Money Level Bears: $50305
Money Level Bears: $46219
Money Level Bears: $43016
Opinion:
Markets seek liquidity in the form of stop losses aka liquidation levels
I have laid out the daily levels of liquidity for both the bulls & bears
After the serious liquidation at $55400 lets see which way BTC decides to go
Overall I am still long term bullish even if we go lower
If you are bullish then you should be buying at the lower money levels if we reach them :)
If you are bearish then you should be selling at the higher money levels if we reach them :)