BTCUSDBTCUSDT.PBTC1! How I am looking at the chart. Also, BTC has tested and taken support at the EMA 21 ($101,500) on the 1-Day timeframe.
Additionally, 136.2M in liquidations are around $108,100 (EMA 100), while 130.3M in liquidations are near $100,700. The price might target the lower liquidations first before making an upward move.
BTCUSDT.PBTCUSDBTC1! It could potentially touch 108,000 before retesting the support, as approximately 144.5M in liquidations are clustered around this level. Additionally, a double top near 108,000 may trigger a price retest.
Furthermore, it could also test the major support levels at the EMA 21 (99.4K) and EMA 55 (95.9K).
BTCUSDT.PBTCUSDBTC1! If the resistance at 106,500 is not broken it can retest the support at around 101,700 as there are around 190M liquidations on the way to 101,600.
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