ICTTRADER2024

Btc analysis by btc liquidation heat map

BINANCE:BTCUSDT   Bitcoin / TetherUS
According to this chart Market makers in any direction (long/short) that orders with high leverage that have more liquidity move the price of currencies against the direction of traders' orders, so that trader suffers a loss or is completely liquidated, which this movement completely The benefit of market makers ends. So, it is concluded that first of all, we should either set our stop very low or not stop at all in order to be safe from market makers. According to this chart, the yellow points are the points where the traders will liquidate if the price reaches there. Currently, this value for btc is about $46,000 upwards and $42,000 downwards in the daily to monthly chart. That Liquidity on 46000$ more than 42000$.
Tp1: 46000$
Tp2: 42600$

https://www.coinglass.com/pro/futures/LiquidationHeatMap
<img src= "/Internal storage/DCIM/Screenshots/ Screenshot_20240103_113419_Chrome.jpg"> 

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