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UPDATE OF THE LIQUIDATION HEAT MAP OF #BITCOIN:
🔹The price has clearly recovered from the large liquidation zone around 94 thousand.
🔹That yellow block was full of trapped long positions, and the market liquidated them perfectly.
🔹The next important liquidation zones are above the price — around 96.5k to 97.5k.
🔹There is also a smaller grouping below, near 93 thousand.
🔹If the price continues to rise, it will likely aim for the zone of 96.5 thousand to 97.5 thousand to liquidate the remaining short positions.
🔹If there is rejection, expect a quick drop to 93 thousand to eliminate the remaining leverage.
🔹Currently, the chart indicates a rise towards these higher liquidations before any larger downward movement.