Bitcoin seems to have broken out of the downtrend when we look at it hourly.
We see very high liquidity accumulation and high short-sale orders, especially in the upper regions.
After a good retest, it will want to move towards the upper liquidity, but it looks like it will have a hard time since there are high sell orders.
As long as it holds these prices, the weekly looks very bullish #Bitcoin
Frankly, I do not expect a hard bottom as long as there is an expectation of S1 in the ETH ETF. Maybe before that, MM may want to clear the upper liquidity.
Technically, there seems to be nothing to fear for now. It is necessary to follow the developments closely this week.
