$BTC Update : 🚨

What's The Next Move?

70k or 55k?

Bitcoin currently trades around $63k after yesterday's significant drop, reversing the previous market trend. This is a classic weekend liquidity trap, where the market moves against the prevailing sentiment.

The path forward for Bitcoin seems clearer now. With $1.62 billion in liquidations at the $70.5k level, an upward move is likely to trigger a short squeeze, pushing prices higher.

Crypto markets are cyclical, with green days often followed by red ones. This pattern maximizes liquidity gathering.

Altcoins are also showing bullish signs, suggesting potential gains. Consider adding some to your spot holdings.

$SOL $ETH #SOFR_Spike #US_Job_Market_Slowdown #BTC☀ #Bitcoin❗