Although Bitcoin is currently in an uptrend, it broke the bottom at 116.684, which caused the new top at 123.200. Therefore, I see that it has formed a bearish consolidation currently. Also, huge liquidity is concentrated at 115.930, so I expect it to fall to 113.849.
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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.