According to @CrypNuevo, BTC is unlikely to recover immediately from current levels as the present price action resembles October 2019, source: @CrypNuevo. According to @CrypNuevo, the expected sequence is a liquidity run followed by a sweep of recent lows before any rebound, indicating near-term downside risk into prior lows, source: @CrypNuevo. According to @CrypNuevo, a sweep of the lows could occur with or without an initial liquidity run, keeping the short-term bias cautious until lows are taken, source: @CrypNuevo.