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๐จ BTC Liquidation Storm โ Bulls Got Trapped Near 80K
Bitcoin just gave a perfect trap move.
We pushed from ~77.7K โ 79.4K, almost touching that psychological 80K, but once againโฆ rejection hit hard.
Not the first time โ same behavior seen just 5 days ago.
This tells one thing clearly: market is not ready to expand higher yet.
What Just Happened?
โข Massive long liquidations dominating
โข Overleveraged longs got wiped as price dropped to ~76.5K
โข Classic liquidity sweep โ rejection โ downside continuation
โข Price rejected at resistance twice.
โข MACD turning bearish, momentum fading.
โข RSI cooling off โ no strength continuation.
โข Long liquidation imbalance = trapped buyers
๐ When longs get trapped, market usually moves against them first
๐ Right now, $BTC is not bullishโฆ
Itโs hesitating under resistance with weak momentum
And when market hesitates after trapping longsโฆ
downside liquidity usually gets hunted next โจ