List of Flash News about YO support
Time | Details |
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2025-05-07 11:40 |
Bitcoin Bid Liquidity Above $93K Replenished: FireCharts Signals Potential Support Defense Amid Powell Comments
According to Material Indicators, FireCharts data shows that Bitcoin bid liquidity above $93,000 has been replenished overnight. This suggests strong buy-side interest at key support levels, which could help bulls defend the 'YO' support if bids continue to accumulate in the coming hours. However, the latest comments from Powell may act as a catalyst for retesting recent lows, making the sustainability of this renewed liquidity critical for short-term price action. Traders should closely monitor how bid stacking evolves as it could influence immediate Bitcoin price movements. (Source: @MI_Algos) |