BTC - Where Is The Money? for COINBASE:BTCUSD by Crypto_Master100

BTC - Where Is The Money?

Analysis:

- Liquidity Points

Money Level Bulls: $64899

Money Level Bears: $50305

Money Level Bears: $46219

Money Level Bears: $43016

Opinion:

Markets seek liquidity in the form of stop losses aka liquidation levels

I have laid out the daily levels of liquidity for both the bulls & bears

After the serious liquidation at $55400 lets see which way BTC decides to go

Overall I am still long term bullish even if we go lower

If you are bullish then you should be buying at the lower money levels if we reach them :)

If you are bearish then you should be selling at the higher money levels if we reach them :)

Note

Will we liquidate $50305

OR

Will we start the bull run towards $64899

:)

Note

Liquidation @ $50305

Note

Bought BTC @ $49171 Stop Loss @47871 Risk 2.5%

Note

Exited BTC 1% Loss Will Look For Re Entry

Note

Can we get a bounce off 50305???

If we bounce we are headed for new ATHs

If we keep dropping lower then the next money levels are in play!

Note

Executed Long Position @ $49666

Note

Stop Loss Hit 2% Loss

Note

Executed Long Position @ $54897

Note

Exited Long Position @ $57500

Note

Looks like we had another LIQUIDATION @ $46219

Next level of interest is at 43K...

If we clear this I think the crypto world is going to lose its mind

Understand this is the time to be BUYING not panicking or selling your coins

BUY THE DIP

Note

LIQUIDATION @ 43K I am expecting a BOUNCE around here so expect a bullish move this week on BTC

Crypto_Master100

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