#BTC #Bitcoin Chart Update: We've reached an important support level and are poised to move upwards from here. There's no reason to panic sell at a loss. When looking at Bitcoin liquidations over 3-day, 7-day, and 1-month periods, we see significant amounts of liquidity, amounting to billions of dollars, accumulating around the 71k level. Almost all indicators and data point to an upward trend. We can position ourselves accordingly.
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.