BITCOIN MARKET BREAKDOWN
BITCOIN Market Structure on the monthly charts is bullish but there is a 2 big liquidity pools wish they are a breaker block and bearish order block
ON The weekly charts market hit a bearish order block on significant key resistance level 48000
So The market will clearly trade lower from that level
Also there is a bullish order block on the weekly chart , and within that order block there is a equalibrium (range full of liquidity on the daily chart)
so profits will be taken there
For now i will focus on the range between 48000 and 40000
ON The weekly charts market hit a bearish order block on significant key resistance level 48000
So The market will clearly trade lower from that level
Also there is a bullish order block on the weekly chart , and within that order block there is a equalibrium (range full of liquidity on the daily chart)
so profits will be taken there
For now i will focus on the range between 48000 and 40000
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