#Bitcoin cleared all of its liquidations in the $55-53k range.

I had explained that this area was likely to work as support, and $53k worked as a nice support.

After the liquidation clearing, the price started to rise again without closing below $53k.

Current status;

🔹Long liquidations are intense in the $49-46k range.

🔸Short liquidations are intense in the $65-67k range.

For now, we can say that the decline has stopped as long as the $53k support is not lost, but if this support is lost, we will understand that the real target is the liquidations in the $49-46k range.

In other words, the $53k support will determine whether the decline will continue or not. Since the reaction received is not very strong, it will be useful to follow closely.

I will update as soon as there is a change in the data, friends. I wish everyone a nice day and plenty of earnings.