Bitcoin Daily Analysis - 2 hours + Liquidation Map
💠 On a daily scale we have broken the downward trend of the entire consolidation at ATH and now we are retesting to confirm whether we are going up or down. These retests are technically to continue going up.
💠 On a 2-hour scale we have retreated as we have been saying these days, it is normal that at the first touch at ATH we do not break it and retreat. We expect some bullish rebound above $71k in the short term.
💠 The liquidation maps clearly show that more and more people are getting into shorts and liquidating them above $75k (red-yellow zone). This is fuel for a "Short Squeeze" that liquidates them all.