#Bitcoin Daily Update 🫡 BTC H1 Liquidation Heatmap BTC M30 - CVD: Something resembling absorption is forming. Just remember that for the setup to be complete, we must wait for price to show signs of weakness or rejection—which isn’t visible yet. BTC M30 - Monthly and Weekly VWAP: Price discovery remains in progress. BTC H1: Quiet and calm, with slow upward movement due to low volume and lack of fuel over the weekend. Price is nicely bouncing off levels defined by the volume profile. Yesterday’s demand zone hasn’t yet triggered a reaction, so it remains active. Cheers and have a great weekend! 😎
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.