Bitcoin (BTC): Price Near ATH (Possible Liquidity Hunting)
2024-10-29

Bitcoin is back near ATH zones and buyers are showing good dominance after breaking a smaller resistance zone (while leaving behind a CME gap).

As we mentioned yesterday as well, we have had a pretty pushy beginning of the week, so we are looking for the price to reach  FWB:73K  zone (Zone of ATH). where we want to see some kind of liquidity hunting to begin (with long wicks).

If we do not see that liquidity hunting, then the other option is a sharp rejection and a claim of liquidity on lower zones (and there are a lot to claim).

So we have put our two possible entry zones for Bitcoin (once we see a rejection in the upper zones) so be ready!

Swallow Team 