strong buy
Bitcoin Hits Major Liquidation Level Amid Low Activity
As anticipated, this week saw limited Bitcoin activity, yet the major trade occurred within this period. The liquidation cluster between $116,000 and $115,000 was reached, with the primary liquidation level at approximately $115,300, marking a significant event. The CME futures gap remains unfilled by a narrow margin, indicating a potential attempt to revisit that zone soon.
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AI Analysis
The recent Bitcoin price action suggests a consolidation phase with a notable liquidation cluster between $116,000 and $115,000, emphasizing the traders' focus on this critical support area. The fact ...
AI Recommendation
Traders should monitor Bitcoin closely around the $115,300 support level and the CME gap area. A sustainable move above recent resistance levels could signal a bullish continuation, while a break belo...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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