Bitcoin (BTC): Price at ATH! / Possible Liquidity Hunting + Drop
2024-10-30

Bitcoin has nicely reached the all-time high zones, which was our target from yesterday’s plan.

Now that we’re in this zone, we’re looking for potential liquidity sweeps to occur, as well as any signs of weakness. If we see these indications, our expectation is for the price to retrace, filling the CME gap and normalizing the RSI, which is currently in overbought territory.

As anticipated, a "buy the rumor, sell the news" effect appears to be what is driving this most recent price increase.

Swallow Team 