📊 Analysis: BTC 1Day.
Bitcoin – Daily Timeframe Update
Price gave a weak reaction to the $65,500 support and bounced up to $68,700 📈
However, the zone has now been weakened due to multiple wicks, meaning on the next test, the probability of a breakdown increases
💡 Liquidation Map Insight:
If price reaches $90K, around $13B worth of short positions could get liquidated.
📉 If price drops to $53K, roughly $2.5B worth of long positions would be liquidated.
🟢 Support:
$52,400 – $50,400
$43,800 – $38,500
🔴 Resistance:
$83,700 – $84,700
$88,600 – $90,600
A clean break and daily close above $