High
The article highlights significant downside risks for bitcoin, with traders targeting below $90,000 and even as low as $80,000, citing thin bid-side liquidity, order book heatmaps, and ichimoku cloud signals indicating a potential deeper dip.
High
The analysis is based on multiple expert traders' opinions (exitpump, ted pillows, daan crypto trades, titan of crypto) and established technical indicators like order book depth (coinglass), liquidation heatmaps, and ichimoku cloud analysis, providing a well-supported bear case.
Bearish
Traders are anticipating a 'sweep of downside liquidity' to 'clean the lows' before a potential reversal. key support levels around $88,000, $86,000, and $83,900 are identified as targets, with a return to the low $80k zone considered a strong possibility.