🧬 Today's macro data adds fuel to the bullish fire. With a price drop of 61k, the total number of long position liquidations will be $5 billion. The retail cohort is actively buying and leaving pending orders for purchases, large players are also making purchases, but so far the seller with the main order for 65k and side orders below, manages to restrain demand, for this reason we see the formation of a flat, where from above they do not allow to reach a new level, and from below they buy back because they believe in October and Q4 of this year.

The situation on the $BTC chart has not changed yet, 61500-62500 is the buyers' zone, before going above 65k, a false breakout of this zone may occur, with liquidity collection and subsequent upward trading. A negative scenario will be a breakout of the buyers' zone and consolidation below it. Given the overall sentiment in the market and the positive US GDP and welfare data, I expect a breakout above the seller's area.