
Post
Hassan Imtiaz
$BTC
There is a serious amount of resting bids sitting below price.
They spread from $81k all the way down towards $74k, which suggests that many market participants are expecting a bounce somewhere within this area.
However, it also shows that there is still quite a bit of uncertainty around where exactly that bounce will come from.
Selling pressure, on the other hand, remains relatively thin in comparison, which is exactly what you want to see.

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