Bitcoin, who will be liquidated first - buyers or sellers?

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Bitcoin has broken the global trend line. We have written in more detail in this idea.

Bitcoin, breakout as a good buying opportunity.

There are several value areas on the bitcoin chart right now. The price is in the first value area. There is a struggle between buyers and sellers in this range right now. Therefore, it is dangerous to buy right now and we need to figure out who is stronger and who is going to be liquidated the buyers or sellers.

We will highlight several scenarios and what to expect in each of them.
The first scenario is a quick impulse drop, liquidation, and collection of buyers' stop losses. This will mean that the excessive players have been dumped and the price is likely to continue its growth. Next, we should look for possible buying scenarios.

In case of a squeezing, a breakdown of the lower boundary of the range and continuation of the slow decline. Price will very likely go to collect the liquidity of the second value area.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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