In this video, we analyze the current Bitcoin price action and discuss why the $55k target for this pullback might not hold, using hash ribbons and open leverage position liquidity as key data sources. We'll explore the potential risks of heading toward $55k too quickly and what it could mean for future price movements. 🔥𝗟𝗲𝗮𝗿𝗻 𝘁𝗼 𝗧𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 𝗔𝗻𝗻𝗶𝗶 (𝗧𝗿𝗮𝗱𝗲 𝗧𝗿𝗮𝘃𝗲𝗹 𝗖𝗵𝗶𝗹𝗹) Trading & Investing Courses, Daily Market Updates & Exclusive Live Sessions! 👉https://bit.ly/Join_TTC 🏆 LIMITED TIME!!! 🏆 SIGN UP & TRADE ON ANY OF THE EXCHANGES BELOW FOR A MASSIVE TRADING FEE DISCOUNT! ✈️ Get 25% Trading Fee Rebate with Bitunix here: https://bit.ly/Bitunix_25 ✈️ Get 25% Trading Fee Rebate with BingX here: https://bit.ly/BingX_25 ✈️ Get 20% Trading Fee Rebate with Bitget here: https://bit.ly/Bitget_20 ✈️ Get 20% Trading Fee Rebate with OKX here: https://bit.ly/OKX_20 ✈️ Get 20% Trading Fee Rebate with CoinW here: https://bit.ly/TTCxCoinW GET ACCESS TO TTC TRADE UPDATES & DISCORD Option One - Join the limited updates free discord ✅ Sign up to one of the exchanges listed above using ONLY those links ✅ Join the Discord here: https://bit.ly/TTCxDiscord ✅ Follow the instructions in the discord to unlock your access! ⚠️ Min 100 USDT Deposit required to unlock the free Trade Travel Chill Discord Option Two - Get access to full TTC courses, multiple live sessions daily, all trade updates & private discord channels ✅ Choose a TTC Monthly Membership here: https://bit.ly/Join_TTC ✅ Instant access to TTC courses ✅ Follow the instructions in the welcome email after purchase to unlock your full discord access! Follow Us on Telegram: https://t.me/tradetravelchilltg Get Hyblock Here: https://bit.ly/3v3stdY Chapters 👉 0:00 Intro 👉 1:00 The 4 Financial Players You Need to Know About 👉 1:26 Bitcoin Miners Role in the Crypto Ecosystem 👉 2:44 The Bitcoin Hash Ribbons Explained 👉 4:04 Bitcoins Current High Liquidation Levels 👉 8:32 Where Spot Traders Are Buying the Dip👉 9:22 Why We Might See Lower than $55,000 for BTC👉 10:57 Bitget 200 USDT Futures Bonus 👉 11:38 Does This Mean the Bull Market Is Over? 👍 GIVE A THUMBS UP & SUBSCRIBE IF YOU'RE NEW TO THE CHANNEL = http://tinyurl.com/YouTubeTTC = Follow Trade Travel Chill on Social Media: TikTok (trading): https://www.tiktok.com/@tradetravelchill Twitter: https://twitter.com/tradetravelchil Instagram: https://www.instagram.com/tradetravelchill/ Facebook: https://www.facebook.com/tradetravelchil - - - - - - - - - - - - - - - - - - - - - - - - - - - - I hope you enjoy and get value from the content on this channel. If you want to support me, use any of the affiliate links in the traders toolkit, then leave a like, comment & subscribe as these small gestures help me to keep bringing you free content. THANK YOU! #tradetravelchill #crypto #bitcoin #cryptotrader #bitcointrader Disclaimer: I am not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how any financial information relates to your unique circumstances. I am not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this channel. There are no guarantees or certainties in trading. Remember to do your own research before making a financial decision involving cryptocurrencies. bitcoin news today, bitcoin today, bitcoin for ledgers, bitcoin mining, bitcoin crash, bitcoin live, bitcoin trading for beginners, bitcoin price prediction today, bitcoin update today, bitcoin podcast