🚨$BTC TOUCHING THE BOTTOM OF THE RANGE – IS THERE A LIQUIDITY PULL BEFORE A STRONG RISE?
BTC just had a significant drop, but the strange thing is the volume didn't increase → This doesn't resemble a real breakdown, but rather looks like a weak sell-off.
- Current situation:
+ Price is currently right at the lower edge of 68k
+ Testing support multiple times but hasn't broken through
+ Sellers are not following through
Familiar signs: whales are absorbing inventory at the bottom
- Likely scenario:
Fake break / liquidity sweep around 68k
Then bounce back up to the 71k – 72k range