#UGC #analytics
Bitcoin growth outlook 🥇

Bitcoin has shown a significant decline in the last few weeks, losing 21% in value after ETF approval. Will the correction continue or will we see a resumption of the bullish trend in the near future?

📌 Volume Distribution Analysis
On the decline to the $38,600 area, an abnormal buying volume appeared on the futures quote, which triggered the current 7.5% upside wave. Moreover, the volume appeared due to the execution of long-term market maker limit orders placed in the range of $38,800 - $38,000, indicating the interest of informed participants in buying

Globally, BTC is within a wide flat: $44,100 - $37,400. Therefore, the appearance of large volumes to buy at the lower boundary of the range is quite natural, but to expect a significant decline from current prices seems irrational.

📌 Predictive liquidation map
Thanks to modern analysis tools, we can not only track the actions of major participants, but also quantify the mood of the crowd. As you can see from the histogram on the right, a key array of liquidations are above the current price and belong to shorts. These liquidations are a "magnet" for the price.
Priority scenario: bitcoin's continued rise towards a large array of liquidations located at $53,010 per coin.

Bet 👍 if you are waiting for $BTC at 53k

#BTC😱 #ETFBitcoin #BitcoinETF💰💰💰