After $105K Peak, Bitcoin May Revisit 0.382 FOB Level!

745
BTC is pulling back after hitting a high of $105,800

If you look at the daily chart, we haven’t seen any healthy pullback, the price has gone straight up.

In my opinion, a retest of the 0.382 FOB level around $94K would be a healthy correction for Bitcoin. Based on the liquidation heatmap, we’re also seeing liquidity building up at lower levels.

This is one of the signs of a pullback, which is important for a sustainable and healthy market.

Stay tuned and follow for more updates!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.