Bitcoin price seeks to the lowest level on Monday after the failure of penetration

Bitcoin may have printed a local summit near 86,500 dollars after it has swept the liquidity failure pattern. The demand flow data confirms that long aggressive entries were trapped at the highest levels, as the price is now targeting a decrease in comfortable liquidity, especially throughout Monday at 82,888 dollars.

All eyes are now on bitcoin (BTCThe lowest level of Monday at 82,888 dollars, a major liquidity rally without touching. This area can be the next goal of the bitcoin deviation inside the day from the liquidity pocket to the pocket of liquidity. These types of movements usually describe traders, creating a momentum in the opposite direction.

With the flow of demand that confirms the long long exposure now underwater, a less resistant path turns into the negative side, and targeting the unsuccessful liquidity below.

The main points covered in this article:

• Swing failure pattern trapped long situations in the last highlands
• The demand flow scheme of 959 BTC appears on the market orders that were opened above
• The price that is now targeting the lowest level of Monday at 82,888 dollars to sweep liquidity

The highlands acted on Sunday as a price of the price, where liquidity was built from short traders who expect a reflection. Once the price erupted above this level, failed to continue, which created a swing failure pattern – the Holmark preparation where the price takes a significant rise, the traps heads, and reflects the strength.

This is where the demand flow plan provides a cash vision. When zooming, you can clearly see that 959 BTC was opened the market orders immediately after Bitcoin came out at the highest level on Sunday. These positions were introduced to the local summit and are now immediately underwater, which constitutes the dynamics of the trap that often nourishes aggressive movements in the opposite direction. This creates a series of classic reaction from the premature stop and closure, which causes the price to a decrease.

With these long, besieged situations, the market is looking at the next range of liquidity, which is located at the lowest level of the two. The level of 82,888 dollars is a logical magnet for prices and corresponds to the liquidity theory within the day – PRICE will search for the cleanest levels that have not been exploited yet.

If this depression is clouded, it may result in the failure of the bullish swing to the negative side – which raises the same pattern we have just seen at the heights. This would complete the short -term rotation rotation and prepare the next step above within the current structure.

What can be expected in local work.

It is now important to monitor the price to sweep the lowest level in the two at 82,888 dollars. If the swinging pattern is at this level, it offers a long entry into high probability, targeting the medium or rises. Until then, the downside is still preferred. As always, the price procedure should be used according to the estimated management and management estimate.