BTC’s Price Is at Risk of Breaking Below a Bearish Chart Pattern

• Fire Charts show that weekend whales are exploiting the upside liquidity in BTC’s order books.
• The price of Bitcoin (BTC) has risen 0.61% over the last 24 hours.
• A bearish chart pattern on BTC’s 4-hour chart suggests that BTC’s price will drop in the coming hours.

The Twitter user, Material Indicators (@MI_Algos), tweeted this morning that Fire Charts show that crypto weekend whales “seem interested in trying to exploit the upside liquidity in the Bitcoin order book to sell higher.” In the tweet, the Twitter user also stated that he is expecting volatility to continue through Tuesday’s CPI Report.

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