๐BITCOIN๐
Today, I wanted to look at liquidity positions on the blockchain for Bitcoin. What I found gave me a good idea of where the price might go! ๐๐
As we all know, market makers make their living by taking liquidity. This is their way of keeping the price stable and shaking out the traders. ๐จ
Well, with that said, I can see a large liquidation level around the $73,500 mark. ๐ฎ
As that is the only big liquidation level left, I do believe that the next big price movement will be toward this level, eventually taking Bitcoin to new highs. ๐ธ๐ฅ
The Ethereum ETFs that are speculated to open for trading sometime in July will only enhance the bullish price movement. ๐๐
P.S. The ETFs might just be the ignition that sets off the altcoin fire. ๐ฅ๐