As we are approaching the major discount zone within the next few weeks, smart money is likely to initiate accumulation. This should lead to the formation of a higher-timeframe bottom in BTCUSDT, from bearish to bullish structure.We can expect liquidity sweeps below the current lows to grab remaining sell-side liquidity, followed by strong displacement to the upside. Once price mitigates the key BTC will be ready to start its next bullish cycle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.