Bitcoin has made a nice showcase of "buy the rumour, sell the news," where after a huge expansion we had a proper drop—let's call it as it was—a big liquidity hunt.
Now that things are settling down, we are expecting to see a proper dominance from sellers near current zones of $100,000.
Upon seeing the overtake of zone, we will be looking for a further movement to lower zones.
Yes, the inauguration happened, but let's be real, most probably nothing will change within a few days or even weeks so liquidity sweeps are most common at those times!
Swallow Team
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