Hello Everyone đ
BTC is showing some strength but not as strong as we expects.
Currently it's above 20EMA and 50EMA of 4H candle but it's still under 200EMA 58800 which is important to break to going up above 60k.
Now there's 2 liquidation areas where BTC will going in future .
1.55k is the area where BTC will take liquidity .
2.58800 is the area where nearly 500 million liquidation will happen .
So in short probability is BTC will go first near 55k and then 58k .
If BTC breaks 58800 with high Volume and sustain at that area for more than 12hour than we will surely retest 60k to 62k resistance before final dump.
Please Tip me if you like my analysis .
