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Will BITCOIN Breakout or pullback?
There is heavy 3d liquidation below at 72500 & 71000.
Liquidation delta overextended, Open Interest pulling back and True Retail Longs are piling in. These are early signs of reversal.
Should we be worried?
Well, we saw a huge macro liquidation event occur yesterday. Sweeping most shorts and trapping late longs / breakout traders.
Even though LTF's confirm bullish, there is a higher chance we see a bit more selling today / tomorrow to retest previous highs and wreck CT/YT idiots.
I'm expecting one more leg down before we retest local highs.
COMMENT UR THOUGHTS BELOW✅️👇
$BTC