BTC Market Update: Bitcoin just dumped below $76,400 liquidating $1.95B total in the last 24 hours!!! But here's the important part: Bitcoin now has $1.9B above at $78,500 - $84,500, and $900M liquidity below at $74,000 - $76,500. An insane amount of whales just got wiped out from $76,400 - $81,900 and now $75,000 - $76,500 is next area for whales are bidding below, meanwhile sell orders are now stacked at $78,000 - $79,500 above. Meanwhile, spot demand has completely dumped and leverage traders are entering aggressively. Now, on the LTF, the largest liquidity zones sit at $75,700 - $76,400 below and $79,300 - $80,100 above, making these the two likely zones to sweep next. In my last update, I did mention losing $78.5k would bring the lower liquidity into play. Bitcoin lost it and dumped straight through into the $76k area. So, now we will see if Bulls can respond. So to make things simple for you: - $78k - $79k downside from my last update played out - $76.4k and $79.3k are the LTF levels to watch - Roughly 2x more HTF liquidity is now stacked above at $78.5k - $84.5k - If we reclaim $79.3k I favour a move back towards $80k+ - Lose $75.7k and I’d expect $73.5k - $75k next I’ll post any changes to my positioning and the key levels I’m watching in the free Telegram (link in bio).