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Liquidity will be found around $22.000
Bitcoin
Short
Liquidity will be found around $22.000
By viranetbv
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Jun 12, 2022
4
Jun 12, 2022
Hi everyone,
Hope your trades are working out well, it seems we will be meeting the 200 -SMA at around $22.500,-
On your left you will find the heatmap where liquidity can be found in large orders between $19.500 and $22.500,-
Optionmarkets showing puts at around $24.000,- which could tell us further downside seems likely.
Technically we are likely to drop 16% upcoming 2 months, we will breake out of this falling wedge, I do expect a good bounce in August.
Don't forget institutions are waiting to get in, open interest ready to get up as well.
Stay safe,
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viranetbv
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