$BTC Chart Update ✍️
#Bitcoin bulls and bears are currently locked in a battle within this marked Open Interest (OI) zone. ⚔️
The strong OI resistance has successfully pulled the price down, and now all eyes are on the support at the second purple line. If this level doesn’t hold, we could be in for a significant drop. 🔻
However, I’m sticking to the idea that we’re hunting long liquidity, especially after the recent wipeout of short positions. 📉 It’s a critical moment for the market, and the next moves will be decisive.
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