Buyers Entered ($62,000 Liquidity Levels)

I mentioned in my previous post what might happen if we dipped into liquidity and buyers stepped up.

Bitcoin found some buyers at the $62,500 level off of the Fibonacci level of $62,410 we found as the fake bearflag did not play out into the lows.

Although, for this to be a true reversal buyers will need to take out the sellers at $66,250. We are currently at the $65,453 level I found a couple weeks back.

Buyers will need more volume to continue to push to the highs, although I am not entirley convinced of this move yet, we want to see at least a close with volume above $65,870 and $67,750 for more upside. I wonder who bought the dip on the day!

I don't see any clear structure yet, but if one forms I will update the charts.

It's anyones tape from the current $65,000 price. We could sell down just as easily, but for more upside the buyers will need to take out the sellers at their order levels.

I hope everyone is enjoying their day in the market