Bitcoin / Tether US
Short
Updated

BTC Max Pain

BTC / USDT

From all previous updates we believe bottom is close But look here at chart we can see a high potential move to break recent low at 17622$ before any bull rally

But Why ?
This area has high liquidity and many traders place their stoploss below this level (market makers know this well ) - also in fundamental with dollar index keep rising crashing all others assests like GOLD - BTC - other currencies

Also check here my previous idea
Fractal between late 2022 and 2018 bear years:

BTC Last crash ? comparison between late 2018 and late 2022



Do you agree ?
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Note
The level is broken as expected be ready for the bottom is very close now

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