$BTC As Bitcoin moves sideways, liquidations increase, indicating the potential for a sudden, significant move.
- After abrupt movements, prices often clear substantial liquidations and start moving in the opposite direction. Knowing levels with intense liquidations is crucial.
Currently;
đč Long liquidations are concentrated around $41,000-$39,500 and $35,000 levels.
đž Short liquidations are intense at $44,300-$47,000 and $51,000 levels.
- You can track long liquidations as support and short liquidations as resistance; I've marked all essential levels on the chart. For short-term trades, follow small boxes, and for long-term trades, follow large boxes.
SOURCE: @KriptoDmr on X
