Welcome to another market analysis by GPBots! Today, we will present a probable scenario for Bitcoin, taking into account both operational and institutional aspects.
We are facing an interesting scenario in the short-term market where we are within a trading range with stop orders being accumulated at both extremes. In addition, we have a significant lack of liquidity above this range, which suggests that the market is likely to fall after consuming all available liquidity in this region.
Each time the market tends to enter such a liquidity vacuum, good trading opportunities often arise. However, only during the London or New York sessions will we have a definite confirmation of the point at which the market might react!
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