$BTC MAPPING UPDATE
A map of implied liquidityUpon examining the 3-month liquidity map, two primary areas of buildup are discernible.
Zone $73–75,000: this is where short position liquidity is gathered.
The vendor vehemently objected to attempts to pick it up there. There is too much pressure on the market.
Zone $50k – $47k : this is where the buyer's liquidity is gathered. The market will see a significant amount of holdings removed if and when the price hits $50,000. Such a move is entirely feasible in the context of a significant market correction, whilst observing.
Positively speaking, I would want to see liquidity collected over $73,000 before it drops to $50,000. And then there ought to be a full-fledged bullrun.
