‼️Local situation on BTC ‼️
➖ 05.08 bitcoin spilled below $50* and was even below $48k at one point. 😱
➖ Removed absolutely all liquidity from below. ⏳🔄
➖ Now at the bottom there are no liquidations left at all, and by all accounts everyone is shorting the trend further down. 🚀⬇️
➖ Quite large clusters with dense volume came in from below, and this is quite a positive factor. 💪📊
➖ Also price got a reaction from support + deviation, and this is also a positive factor. ✅🔝
💭 I believe that the bottom marks are close, so I plan to finish spot positions on all accounts soon and start gaining global longs! 📈🌟
What do you think?
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#BTCMarketPanic #RecessionOrDip? #MarketDownturn #BTC☀ #Babylon_Mainnet_Launch