CryptoReviewing@CryptoReviewing
This is crazy.
$BTC pumped to $80,500 this morning liquidating $300M shorts!
Then, $BTC immediately dumped to $78,200 liquidating another $136M
$436M total Crypto liquidations in hours!
Now, $80,500 - $82,000 above has sizable liquidity that could be swept - potentially leading to higher levels.
However, $76,500 - $78,000 below has much larger liquidation clusters stacked up, making this the 'higher probability' zone to visit next - from a liquidity perspective.
Bulls need to maintain control here.