To explain it more understandable for u. Without fancy stuff or what not.
#Bitcoin has been ranging recently. Above the range lies buy-side liquidity, and below it, sell-side liquidity.
Currently, sell-side liquidity is massive and will almost certainly be targeted—it’s just a matter of time.
We’re likely to see a deviation from this range.
Either $Bitcoin corrects into the yellow zone by the end of the year (a scenario I lean towards), or it continues upward to a deviation near 116k, potentially marking a local top.
Given the recent expansive rally and the current accumulation phase, a correction to liquidate longs and hunt their SL makes sense before another move higher.
No worries I will share when it’s time to buy alts.
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