Yes, #BTC bounce back to 57k because of the #Etf news on #Et | TZN Trader en Binance Square

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Yes, #BTC bounce back to 57k because of the #Etf news on #Ethererum 
But,
technical analysis show us that this movement could be only a retest/close imbalance of the market.
Nothing more.
We could go down more
#Bitcoin 

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Bitcoin's weekly candle isn't closing well, but I wouldn't despair too much. Let's analyze what happened: as we can see from the liquidation heatmap, most of the liquidity was up on the previous highs just below the ATH. The price went to take liquidity from each of these highs and then touched the all-time high and went back down. The price did nothing but make a short squeeze or took liquidity momentarily reversing the short-term trend thus reabsorbing the price. Do we have to worry? No because despite this momentary collapse we are at high market prices and the fundamental tells us that we are at the gates of a bullish market phase. Next week we’ll have a new USA President and the FOMC meeting So don't be silly and if you're in the market hold your positions Be safe

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