Bitcoin (BTC): Quick Liquidity Movement To $90K / Buyers Failed
2024-12-06

Buyers failed to secure the $100K zone, and upon breaking the psychological resistance of $100,000, we witnessed a smaller liquidity grab in the upper zones, followed by a larger one in the lower zones. 

Now, this liquidity grab demonstrated the dominance of sellers near this zone and suggested a potential movement to the side or downward in the future. 

Once again, we are closely monitoring the resistance zone. If buyers manage to regain control near this zone, we could experience a significant surge. However, if they fail, we may initiate a proper correction that could last until the end of the month.

So all attention is right now on $100K and liquidity zones; it will be a fun ride so be careful!!

Swallow Team 