Bitcoin Order Flow Turns Bearish
Bitcoin's order flow has shifted decisively to the bearish side. Price is consistently treating each down-closed candle as resistance, leading to a series of downward pushes.
The daily order block (OB) has effectively rejected price, aligning with the overall bearish tone and triggering a continuation toward lower levels.
Currently, price action appears to be targeting the sell-side liquidity near the $100,000 mark.
Bitcoin's order flow has shifted decisively to the bearish side. Price is consistently treating each down-closed candle as resistance, leading to a series of downward pushes.
The daily order block (OB) has effectively rejected price, aligning with the overall bearish tone and triggering a continuation toward lower levels.
Currently, price action appears to be targeting the sell-side liquidity near the $100,000 mark.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.