$52K target for XBTUSD given clean liquidity-free zone
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The smart money usually uses supply/demand zones to take profit/buy respectively. The next supply zone is the $52,000 area. The smart money will likely unload some profits there. Until then, BTCUSD is bullish given the high number of shorts and bullish on-chain analytics.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.