#Bitcoin Chart Analysis 4h
Currently, #BTCUSDT is hovering within a crucial trend line area. Elliott Wave analysis indicates a rejection at the $66,000 level last night. Bitcoin remains in a correction phase.
đ Prediction: There is a possibility that the price will drop towards the $57,100 level. It could even go deeper, reaching the $50,900 - $50,600 range.
đ What to Watch For: Keep a close eye on the price movements and prepare your strategy. Opportunities always arise during corrections!
đŽ Recent Liquidations:
#BTC Liquidated Long: $922.3K at $61,632.89
#BTC Liquidated Long: $12.7M at $61,546.66
#BTC Liquidated Long: $7.0M at $61,356.30
#ETH Liquidated Long: $3.4M at $2,458.40
#BTC Liquidated Long: $2.0M at $61,315.50
#SOL Liquidated Long: $771.3K at $143.18
#BTC Liquidated Long: $7.8M at $61,276.09
Total Liquidations: $34.5936M
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