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<p>$BTC remains stuck in the range game of liquidation ping pong.  Yesterday shorts got paid, longs got rekt, and a new set of longs were lured in after price stabilized above the 50-Day SMA. 

The fact that price did not wick through the 50-Day SMA and create a lower low, may be the most bullish thing in the chart - for now.

Strong resistance remains at a cluster of potential short liquidation between the $78,380 Timescape and the 21-Day SMA at $79,222.

Local support sits above the 50-Day SMA ~$75,840 which is in a range of potential long liquidations.

Which side do you think liquidation hunters visit next?</p>

$BTC remains stuck in the range game of liquidation ping pong.  Yesterday shorts got paid, longs got rekt, and a new set of longs were lured in after price stabilized above the 50-Day SMA. 
The fact that price did not wick through the 50-Day SMA and create a lower low, may be the most bullish thing in the chart - for now.
Strong resistance remains at a cluster of potential short liquidation between the $78,380 Timescape and the 21-Day SMA at $79,222.
Local support sits above the 50-Day SMA ~$75,

$BTC remains stuck in the range game of liquidation ping pong. Yesterday shorts got paid, longs got rekt, and a new set of longs were lured in after price stabilized above the 50-Day SMA. The fact that price did not wick through the 50-Day SMA and create a lower low, may be the most bullish thing in the chart - for now. Strong resistance remains at a cluster of potential short liquidation between the $78,380 Timescape and the 21-Day SMA at $79,222. Local support sits above the 50-Day SMA ~$75,840 which is in a range of potential long liquidations. Which side do you think liquidation hunters visit next?

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