BTC 4H Liquidity Hunt from Market Makers...
BTC 4h has given us a clear indication of a liquidity hunt, we invalidated the Daily Bullish Order Block and had a wick down to trap long traders into their positions.
I see 2 obvious scenarios playing out here.
1. We have a strong bounce to retest previous swing high.
2. We break market structure and go for a liquidity hunt and take out long stops and head down to the next support at 32k.
I see 2 obvious scenarios playing out here.
1. We have a strong bounce to retest previous swing high.
2. We break market structure and go for a liquidity hunt and take out long stops and head down to the next support at 32k.
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