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$BTC is currently hanging in the air.
Just below the current lows, we have a strong confluence zone:
• 1W200MA → ~$59k
• Weekly demand → ~$54.5k
• Range lows → ~$52.7k
• Sell-side liquidity → ~$49k
All of this clusters in the mid to low $50ks.
If price trades into this region, it becomes a high probability reaction zone.
That’s where I’ll look for long term positioning across the board.
Letting price come into value or find value with time. Here I see none.
#BTC #BTCUSDT