
I trade Bitcoin using a combination of trend analysis, price action, and monitoring liquidity (liquidation levels) on major exchanges.
12 Followers
50 $DEGEN
Bitcoin followed the liquidity perfectly, resulting in a clean long scalp!
It is a little too soon to declare a TOP in Bitcoin for this bull run…. But what we see here is definitely an early sign that we could have topped out for now. Moving averages crossing over, a lower high, bear flag setting up.Add in external factors like Meme Coin mania, and we have all the elements for a cycle top.
Today bitcoin attacked the liquidity below during market hours, but there’s a liquidity pocket that remains above 66,500. Good opportunity for a scalp long here with a target around 66,400 or so, with an aggressive target opportunity around 67K as well.