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It’s extremely rare for Bitcoin to drop 7,000 points over the weekend. It’s obvious the market makers are deliberately stirring things up. After pushing it down to 62,000 and sweeping the liquidity at 62,700, they immediately pulled the wick back up.
I even have reason to believe this is because of the 6.3 billion stolen from the other side, and they’re trying to make the money back in the market by aggressively harvesting liquidity to cover their losses.
Let’s wait for the daily and weekly closes. If it can reclaim those levels and doesn’t break below 62,000 again next week, then after consolidating for at least a week and up to 1–2 months, Bitcoin is about to take off. Personally, I see this rally reaching $90,000–$100k.
$BTC