BTC update - what's next? BTC just pumped to $81,700 liquidating $170M shorts in a few hours!!! But here's the important part: Bitcoin now has $670M liquidity above at $82,000 - $84,000 and $1.3B below at $76,500 - $79,500. Around 2x more liquidity below! On the LTF, the largest liquidity below is at $79,700 - $80,300 and $81,800 - $82,300 above. These are likely to be swept next today! Whales still have huge buy orders stacked at $75,000 - $80,000, while large sell orders are now building at $81,500 - $83,000. Whales want to buy the dip! Meanwhile, spot buys are returning, and leverage is increasing with it, but coinbase premium is still very weak. So buyers are finally returning, but need more momentum. So to make things simple for you: - $79.7k - $80.3k is the main downside zone to hold today - $1.3B below is 2x larger than liquidity above on the HTF - Reclaim $81k and I favour $82k - $84k next - Lose $79.7k and $78k becomes the next area to defend I’ll post any changes to my positioning and the key levels I’m watching in the free Telegram (link in bio). Whale & liquidity maps → http://CryptoBuddy.so