Bitcoin / TetherUS

Bitcoin Price Update

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Look at the chart BTC is at the crucial support zone marked as green zone at $62.4k, if it breaks this zone you see 1 more leg down to $59,005, and if this level does not hold we can see 1 more leg down to the green zone marked at $52,923. There is much liquidity resting in between 52k and 59k. More chances are we can pull back from $59,005 or between.

On the chart we marked liquidity in yellow after a pullback it will take that liquidity and we see BTC testing highs again. According to the Bitcoin Exchange Liquidation Map approximately $8.76B liquidity is resting upside

Previously we told you liquidity lying above at $72,353 in our post and in our last video and after grabbing that liquidity BTC came down and it followed the plan as we predicted.

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