$BTC Massive buy wall below.

Looking at the order book pressure, there are massive amounts of bids between 58k and 55k.

This marks the strongest support zone from a demand perspective.

Now the only question is whether we’ll revisit this zone and fill some of those orders, or if the market front-runs them instead.

In my opinion, we won’t fill all of these bids, but I still believe the bottom isn’t in yet.

I expect one final push lower, but I think it’s very unlikely that we’ll see 50k this cycle.