#Bitcoin ORDERBOOK

Another important point is the order books.

Yesterday's drop brought us right above the buy limit order cluster and the price bounced back without even needing to trigger them. So a nice defense from the bulls without even really using the true defense.

I’m not saying that we won’t make a new lower low, but in any case, it is impossible for me to cut everything now that we are close to a big buy cluster and especially that there is no sell cluster above the price until 100,000$!!!

The risk-reward is too good to give up now.

On the other hand, once again, if we go below 86,000$, it is certain that I will cut everything because there will be nothing left to hold us back. The medium-term trend will be broken and especially we will go below the Kumo as explained in the first tweet.

Wait & See

$BTC $ETH