BTC Smart money analysis
Bitcoin / TetherUS PERPETUAL FUTURES BINANCE:BTCUSDTPERP
Here is the updated chart. We could have possibly had a CHoCH (Change of character) which would mean we need to clear imbalances down to the $39,500 level – Red line
..or it could have been a liquidity grab at $40,543 and we are headed to $42,424 before going short again. – Green line
I think the red line is the more likely scenario.
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