The Bitcoin Seer on Nostr: ...
The price action on Bitcoin is still slow- choppy and slow bleeding. Yesterday I mentioned that $62k was resistance and this was the case on multiple re-tests yesterday. Now BTC is looking weak above $61k too. I cannot ignore the big liquidity still under $60k, it is very likely to be tested even if we do not make new lows.
Maybe a liquidate late longs and pump scenario. We have US GDP today so there is a chance of volatility from this. We have limit orders in place and I will be ready to react to whichever way the price breaks.
Published at
2024-06-27 17:09:28Event JSON
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"pubkey": "1af1bf41e89ec41167dece4cb2148fc6173a0593d2b8b611bc4778a79983c379",
"created_at": 1719500968,
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"content": "https://image.nostr.build/332c0faa792d3248074dedbebe1b198c761e54f1f61eb182b091837d5961d39a.jpg\n\nThe price action on Bitcoin is still slow- choppy and slow bleeding. Yesterday I mentioned that $62k was resistance and this was the case on multiple re-tests yesterday. Now BTC is looking weak above $61k too. I cannot ignore the big liquidity still under $60k, it is very likely to be tested even if we do not make new lows. \n\nMaybe a liquidate late longs and pump scenario. We have US GDP today so there is a chance of volatility from this. We have limit orders in place and I will be ready to react to whichever way the price breaks.",
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