🚀 #Bitcoin dropped 4% on January 7 due to "predictable" price action causing prominent whales.
- BTC/USD fell below $98k in response to U.S. JOLTS data.
- Trader Matt Cowart: "The market declined due to a rise in JOLTS, but this means job creation."
- Keith Alan describes the action of "spoofing" as intentional liquidity movement.
- Over $30 million in long positions were liquidated in 1 hour.
- Trader Rekt Capital: "We need to close above $101,165 to confirm a successful retest."
💬 What do you think about the current BTC trend? Share your thoughts!