BTCUSD is currently experiencing a decline despite the halving, reminiscent of the BTC-ETF situation where liquidity was amassed at the bottom before a surge in price.
The trend remains bullish with the price consolidating within a range of 73500 to 60000K. A significant liquidity pool lies at 59300-59500, likely to be tested before any upward movement. Positive indicators for a potential rise include a bullish trend, liquidity gathering from sellers, confident buyers maintaining price levels, and the introduction of a BTC-ETF in Hong Kong to attract new investors.
Key resistance levels are at 64550, 65500, and 67300, while support levels sit at...
