A high concentration of potential liquidation levels at a specific price range may indicate that price might move toward that region. Some traders use these pockets of liquidation levels as a way to gauge which way price is more likely to head towards along with other indicators that may be used as confluence.
I still think we have to touch lower levels before resuming up, the liquidation map may show us the way to follow in the mid term for the price of BTC.
An important zone is around 50K ...In my opinion, that's a good support for BTC to rebound on...
Till then, HIVE price, which is fully dependent on BTC nowadays, is going to suffer hard...
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