HomeUncategorizedBTC price dips 4% as Bitcoin analysis reveals low liquidity above $33K By Cointelegraph

BTC price dips 4% as Bitcoin analysis reveals low liquidity above $33K By Cointelegraph

November 17, 2023

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© Alpha Footage

(BTC) saw a classic pullback after the Nov. 16 Wall Street open as deja vu BTC price action continued.

1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed Bitcoin as it descended to $36,470 — down over $1,000 on the day.

BTC liquidations (screenshot). Source: CoinGlass
BTC/USDT order book liquidity chart. Source: Material Indicators/X
(DXY) 1-day chart. Source: TradingView