Bitcoin key volume levels. Sell or Buy now?
Crucial day will be 13 September 
BTCUSDT.P
A very busy week. From Tuesday all the main inflation data in the US! + FTX potential sells crypto bags but I dont think it will affect BTC mostly altcoins
Just if we look on volume now, I dont think we will drop to key buyers level because at this level absolutely 0 fear, everyone is ready to buy and fill their wallets with BTC to new highs, so it no make sense market makers give so easy opportunity to buy BTC again. Fear can be only if we will drop and forming lower low on weekly timeframe.
Key level from buyers can be liquidate with even one candle (but most likely sideways and 25200-24400) will be the main support level where we will see more and more short positions and this will be the fuel for BTC in October to move till Spring 2024 (when ETFs will be approve) at 48000-52000
Liquidations short positions will be over 3-4 Billions. Sentiment on a market and consensus now more bearish than bullish.
But Exactly when ETF will be approve and every media will talk about halving we will see deep correction before ATH.
https://www.tradingview.com/x/mN8GXhzK/
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
BTCUSDT.P A very busy week. From Tuesday all the main inflation data in the US! + FTX potential sells crypto bags but I dont think it will affect BTC mostly altcoins
Just if we look on volume now, I dont think we will drop to key buyers level because at this level absolutely 0 fear, everyone is ready to buy and fill their wallets with BTC to new highs, so it no make sense market makers give so easy opportunity to buy BTC again. Fear can be only if we will drop and forming lower low on weekly timeframe.
Key level from buyers can be liquidate with even one candle (but most likely sideways and 25200-24400) will be the main support level where we will see more and more short positions and this will be the fuel for BTC in October to move till Spring 2024 (when ETFs will be approve) at 48000-52000
Liquidations short positions will be over 3-4 Billions. Sentiment on a market and consensus now more bearish than bullish.
But Exactly when ETF will be approve and every media will talk about halving we will see deep correction before ATH.
https://www.tradingview.com/x/mN8GXhzK/
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
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✅Youtube- youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
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📊Max Discounts lnk.bio/discount4light
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