Bitcoin
Updated
first up, then down after Wednesday
Early today, the liquidation zones were under some hefty heat. The first zone from the 7 Day was targeted downwards, liquidating longs. As tomorrow dawns, I predict short squeezes towards $26,700, even possibly peaking around $28,400 based on 1-month Liquidation Chart projections before settling down towards Wednesday afternoon. At this point, we pivot towards targeting zones within $22,500 - $24,770.
Early today, the liquidation zones were under some hefty heat. The first zone from the 7 Day was targeted downwards, liquidating longs. As tomorrow dawns, I predict short squeezes towards $26,700, even possibly peaking around $28,400 based on 1-month Liquidation Chart projections before settling down towards Wednesday afternoon. At this point, we pivot towards targeting zones within $22,500 - $24,770.
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