Bitcoin Mirrors The 30% Crash Setup But Order Flow Is Different

3 hours ago

Bitcoin traders are again staring at a chart struc

Bitcoin Mirrors The 30% Crash Setup But Order Flow Is Different

Bitcoin Mirrors The 30% Crash Setup But Order Flow Is Different

Bitcoin traders are again staring at a chart structure that resembles the setup that preceded the market’s roughly 30% drop from late January into early February. But several order-flow analysts argue the comparison is incomplete, because the underlying spot-book picture looks materially stronger this time.

Bitcoin orderflow data | Source: X @exitpumpBTC
Bitcoin Coinbase Premium Gap | Source: X @JA_Maartun
Source: X @ZordXBT
Bitcoin must break above $74,500, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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