BTC/USDT Price developement

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As we can see btc has broken out of the range displacing below major support level on the daily and closing below the standard 20% deviation range specified by the fib retracement.

That shows significant bearish momentum and it is a clear sign of that the price is going for the inner liquidity in these large daily gaps that I have marked out as a one area.

I expect the price to take out all the unswept liquidity possibly reaching prices like 61-64k in the upcoming days/weeks, after that I expect a trend reversal and a break out to the upside.

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