#Bitcoin Update
💰 The Bitcoin is fluctuating between $61.5k and $63.5k range.
It could keep moving choppy sideways until it breaks through either of these levels.

This is my Bitcoin perspective after doing research. Purely from the perspective of the statistics and the technical side, I still find that my prior perspective hasn't been invalidated.

The fact is there isn't still any liquidity left on the lower side is kind of supports my initial hypothesis and of course, this can bring another massive liquidity sweep to the upside.

A short squeeze is still becoming my main scenario as of now (until further notice) as the short position is now dominating the market (negative funding rate: short pays long).

A final wipeout is likely to occur in the near future as there is $1 billion in liquidity has been added to the market recently. This whale will execute once there isn't any liquidity left on the lower side.

ltcoins will be the victim during this wick fishing process but it will be just temporary.

Buy the dip for those who still have liquidity
A lot of people are desperate as of now because of the uncalculated liquidation play.

Also, the retailers are now starting to sell in loss.
This is contrary to the whales' wallet which keeps buying on every dip.

I hope you support this industry by spreading the content we have posted.

-----------------------------$BTC

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"Disclaimer:
This post is for educational purposes only and I am not your financial adviser. It is not financial advice. Please always conduct your own research and analysis before investing in any cryptocurrency or relying on the information provided. The content is based on data available as of [current date], and market conditions may change rapidly. Invest wisely and consider your risk tolerance before making any investment decisions.

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