🐳 Update BTC on May 13
The amplitude we need to pay attention to this week will operate at 58,600-63,800 but the maximum BUY liquidity zone is at 56,600-57,200. The liquidity zone will probably be the withdrawal zone of the Weekly frame, while the daily candlestick range will still operate around 4000 prices.
👉 The Weekly candlestick closed quite badly for the past week, not positive at all. Indicators also show that the market is dropping.
👉 It is expected that BTC will reach 59,600-59,800 before returning to 62,500-63,800
👉 There will be 2 two-way liquidity sweeps for BTC this week, the amplitude is also around 2500 prices. So everyone just be careful, last week's accumulation created momentum for this week's price pumping which is understandable.
We can be more confident for the short side, this week altcoins will really suffer a lot of big losses. If BTC really falls to 55.xxx this week, it will be a good sign for next June.
Determine the range last week, then determine the daily range and then just play. Discipline, control risks. Wishing everyone a lucky new week🍀