$BTC Potential Bounce



There's a significant Order Book imbalance after Bitcoin took a nosedive from the upper 60k range last night.

9 times out of 10, we see a short-term relief rally when this occurs.
BTC3.20%
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YieldYeti
· 20h ago
Wait for a volume confirmation; this is just short covering for now.
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Frost-ColoredCubeCity
· 06-30 14:51
I'm familiar with the short-term rebound script, but this time the volume seems weak, so let's observe first.
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GweiGossip
· 06-30 14:44
The overhead supply above 60k is heavy; bouncing up is also an opportunity for everyone to exit their trapped positions.
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TokenomicsTailor
· 06-30 14:44
The sell-off last night was too abrupt, so a technical pullback is reasonable—don't get carried away chasing longs.
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MarginMom
· 06-30 14:44
The order book imbalance trick works well in a bull market, but now...
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ColdBrewYield
· 06-30 14:44
9/10 probability? Then the remaining 1/10 is a direct waterfall, make sure risk management is in place.
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