We should keep an eye on the liquidation map on volatile days.

#Bitcoinmay receive reactions from areas where liquidations are intense. Currently;

🔹Long liquidations are intense in the $53-50k and $49-46k range.

🔸Short liquidations seem intense in the $65-67k and $70-72k range.

For example, if positive announcements come and the price goes up, short liquidations will work as resistance, or on the contrary, if negative news comes and the price goes down, this time long liquidations will act as support.

You can follow long liquidations as support and short liquidations as resistance, my friends.