Bitcoin at Key Liquidity Level: Caution Amid Bullish Frenzy

More often than not, Bitcoin reacts to this Liquidity Power-Law level, typically leading to a correction.

Currently, this level stands at ~102.4k, with yesterday's close just above it.

This time, however, Trump is bull posting crypto, sending the entire market into a frenzy.

Arguably, a streak of bullish news is often followed by a local top and some choppy price action to shake out leverage entries.

Stay cautious - emotion-driven decisions rarely end well for your portfolio.

That said, from a fundamental perspective, a sustained close above this level is very bullish - a strong signal of what market participants could expect in the near future.

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