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#CryptoMarketMildlyRebounds At the start of the U.S. session this week, BTC experienced a very dramatic long liquidation sweep down to the $89,300 area, before quickly bouncing back and moving close to $90,000.
This confirms that BTC is still holding strong 👍. It’s a major boost, especially for investors who primarily favor LONG positions like myself.
It promises an exciting final week of 2025 to kick off the new week.
However, it remains uncertain whether BTC will dip to the $88,800 area to continue clearing a significant amount of long liquidity around that level (Figure 3) 😬