BITCOIN UPDATE!!!
BTC swept the local lows, triggering a wave of long liquidations, which often signals that the market is ready to reverse.
With weak hands shaken out and liquidity secured, it's the perfect setup for a bullish rally.
This price action indicates that the downside has been exhausted, setting the stage for a move upward. As Bitcoin has historically shown, periods of liquidation often precede strong upward momentum.
Now that the over-leveraged positions have been cleared, the path is open for bulls to take charge, pushing prices higher. The stage is setâBitcoin is primed for a breakout!
