$BTC price continuation?
I hope everyone is having an amazing day.
Looking at our daily timeframe, BTC is still showing bullish behavior and hasn't broken its trend. The higher low is around the 51,000 mark. It's important to understand that for a higher low to form, there must first be a higher high. In this case, the higher high is at the all-time high. To confirm a new higher low around the 57,500 area, we need to break the all-time high and establish a new higher high. Don't be misled by those claiming BTC is in a downtrend based on the 5-minute timeframe.
Additionally, there's 350 million dollars sitting at the 69,000 level, making a move towards that liquidity likely.
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