Technical analysis by MikeyTok about Symbol BTC on 7/8/2024

One more move lower to the 49-52 area to recover last local daily liquidity, seems to be quite a lot of static buy orders in that location. Before forming a W formation before a move back up, could tie in with possible fed pivot in September and election month in November where liquidity should flow into markets.... Saying that, there is quite a bit of short liquidations in the market that could be taken.....Will they decided to leave them in the market?