#BTC Analysis

Bitcoin continues its movement within the descending trend structure. For now, the trend top point is 67500 and the bottom is 54750 USD

rejected the rise from the 60k level on the daily and weekly basis. The falling trend bottom point is 54750 USD. We have detected a density between 51k and 52k USD as a daily accumulation of large and institutional purchase orders. If we see a break from the trend below 55k, the first stop will be these levels.

When we look at the high leverage liquidity map, there is 2 billion USD long high leverage (10x and above) liquidity between 58k and 55k. There is 1.8 billion USD short liquidity between 58k and 61k.

Following the trend would be the most logical trade

Price levels to consider

67k

61k

59k

58k current price

57k

55k

51k

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