a Visit to 90k will Respect the pattern
Bear exit liquidity is under 90k while Bull exit liquidity is over 110K. From Current price action, it does look the Bull has handled well the pressure. I don't know for you, but I believe pumped the price up to 102k and then stopped right there just to add more Fuel (liquidation Buy side) for later.
If price go down to in the liquidation pool underneath 90k it will be very hard to regain control for the bull as the price will be trading in an unbalanced market... I believe a bear trap is in progress. the more bear stepping the higher they can push the price later.
the question is when will they pump the price, they can wait and protect. They definitely have AI robots defending when things are getting heated. I noticed today a seller sending -600BTC and the buyers responding in the same 1s timeframe sending 500+ buy.
Take care !
IJ
If price go down to in the liquidation pool underneath 90k it will be very hard to regain control for the bull as the price will be trading in an unbalanced market... I believe a bear trap is in progress. the more bear stepping the higher they can push the price later.
the question is when will they pump the price, they can wait and protect. They definitely have AI robots defending when things are getting heated. I noticed today a seller sending -600BTC and the buyers responding in the same 1s timeframe sending 500+ buy.
Take care !
IJ
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