BTC STUCK IN A RANGE
If by any chance price begins to aggressively pump towards 6800 and keeps that momentum towards 6900 it might simply retest 7000, breakout and keep pumping, it would mean slicing through 2 liquidation pools voids (this is the large move I've been talking about, I don't know its direction and when it will happen, but as I scalp and swing trade I always turn back to check this possibility)
But as long price slowly move towards the 6750 region what I would expect is a simple liquidation move, a reject and then fall down. The way price action develops tells a lot about if a move is bullish, bearish or simply a liquidation or SL hunt..
But as long price slowly move towards the 6750 region what I would expect is a simple liquidation move, a reject and then fall down. The way price action develops tells a lot about if a move is bullish, bearish or simply a liquidation or SL hunt..
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