Bitcoin Eyes $50K as Q3 Bottom Nears

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Bitcoin market participants may be left in "complete disbelief" as the market reverses from a liquidity grab without another major leg lower, a trader predicted.

Bitcoin (BTC) could reach its new “macro bottom” by September, as price action continues to surprise traders.

Bitcoin may "front run" exchange order-book liquidity to produce a bear-market low between $50,000 and $60,000.

A trader sees "complete disbelief" if price reverses with only a partial liquidity grab.

"Aggressive" shorting from Binance traders returns on low time frames.

BTC price bottom could spark "complete disbelief"

New analysis from pseudonymous trader Killa on Friday focuses on a sub-$60,000 liquidity grab next quarter.

Crypto exchange order-book liquidity is key to short-term price moves, as large-volume traders coerce the market into wiping nearby positions, causing volatility.

Killa, however, is looking at the longer-term picture — many expect BTC/USD to drop as low as $50,000 to take liquidity before bouncing, data shows.

“At some point, $BTC is going to front run major HTF liquidity,” he told followers in a post on

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