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If BTC wants to go down it needs some upward correction.
It is likely it can go between 57k and 60k. We have a liquidity zone in Volume profile and the golden ratio of the downward movement at 61.8%.
It is very possible BTC will encounter downward pressure at those levels.
First it needs to squeeze those who are shorting what seems obvious.
Best of best my friend.
Robertus
If BTC wants to go down it needs some upward correction.
It is likely it can go between 57k and 60k. We have a liquidity zone in Volume profile and the golden ratio of the downward movement at 61.8%.
It is very possible BTC will encounter downward pressure at those levels.
First it needs to squeeze those who are shorting what seems obvious.
Best of best my friend.
Robertus
“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
Trader Since 2016. Industrial and Operations Engineering at U of Michigan, Ann Arbor. MBA IPADE. Master in Finance EGADE.
Trader Since 2016. Industrial and Operations Engineering at U of Michigan, Ann Arbor. MBA IPADE. Master in Finance EGADE.