$BTC 📊Bitcoin Analysis
with its liquidation map
We announced it yesterday
🔸 Bitcoin in a lateral range consolidating below the psychological resistance, $100k, it will not be easy to break.
🔸 Now we have the price at the support of the range, the more times we touch it, the more likely it is to break it.
Falling below $90k is more real than ever.
If it falls we know that:
🔸 We have liquidations between $90k and $85k that will act as support.
🔸 The EMA200 in 12 hours and the fibonacci levels 0.5-0.618 as support between $87-$82k approx.
🔸 We could even close a CME futures gap at $78k, but this would be the most brutal fall.
Conclusion:
🔹We are not selling everything because we are not sure of a fall, just that we always have to have liquidity to buy falls and average, you cannot put all the capital in at once, it is the main mistake that everyone makes.
🔹The altseason will take time, the alts are bleeding quite a bit in macro supports, they are good areas to average and hold.
Just Patience