Throughout Bitcoin's history, many resistances and supports have been defined in various price ranges. The Support and Resistance Detection indicator automatically identifies Bullish and Bearish pivots and continues with lines to identify gap regions. These regions that lack resistance and support may become the new targets for future BTC price action. In other words, these gap regions indicate that the price passed through without pause, making them areas of low liquidity, and historically these regions tend to be filled with good probabilities.
The main gap regions currently are at $54k and $70k, and market makers are likely to soon direct the price to fill liquidity!
Fun fact: $10K is the price with the highest concentration of supports and resistances in Bitcoin's history.
