BTC Urgent Update đš:
What is the Next Big Move?
Bitcoin is currently trading at $67,600. Recently, we witnessed a significant pump from the $65,000 level, which liquidated many short positions, followed by a quick dump over the weekend. This move likely aimed to trap late long positions and open more shorts.
With the market set to reopen tomorrow, we expect to see a general upward trend, potentially targeting the $69,600 level, where there's approximately $100 million in short liquidity. This zone could be reached within the next few days as the market seeks to liquidate these short positions.
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