Analysts Warn Bitcoin Rally May Be a Bear Market Trap
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Analyst Ted Pillows said large Bitcoin sell orders sit between $79,000 and $80,000, while major buy orders sit around $73,000 to $75,000.
Analyst Seth said 105,733 traders were liquidated for about $282.87 million, with nearly $1.99 billion in long liquidation liquidity.
Analyst Ardi said the current rebound still sits below the prior $84,000 distribution zone.
Bitcoin’s rebound toward $80,000 is drawing fresh bullish excitement, but several analysts say the setup still looks more like
Analyst Seth said 105,733 traders were liquidated for about $282.87 million, with nearly $1.99 billion in long liquidation liquidity.
Analyst Ardi said the current rebound still sits below the prior $84,000 distribution zone.
Bitcoin’s rebound toward $80,000 is drawing fresh bullish excitement, but several analysts say the setup still looks more like
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