$BTC Short Squeeze, or Drop?
BTC trends closer to a close above 60k is a good sign.
Heavy liquidation at 60k also indicates short squeeze potential.
I'm leaning ever so slightly to the upside. Shorts are too heavy RN.
All eyes on Asia...
Do you think they Pump, or Dumps on us?
$BTC Short Squeeze, or Drop?
BTC trends closer to a close above 60k is a good sign.
Heavy liquidation at 60k also indicates short squeeze potential.
I'm leaning ever so slightly to the upside. Shorts are too heavy RN.
All eyes on Asia...
Do you think they Pump, or Dumps on us?
$BTC Shifting Gears?
It's possible 61k breaks on it's next attempt.
Spot Volume flipped Perp volume for the first time in 8 days. Meanwhile, funding rates are dropping.
This in combination with heavy liquidation above, implies short-term upside is more favorable (for now).
$BTC Weekend Liquidation
Here's a look at the 3-day Liquidation Heatmap.
As you can see, there are 2 ranges to watch out for.
Above: 61-62.5k
Below: 58k
Which side are you on?
$BTC ETF Net Inflow
Here is the net inflow for ETFs over the past 2 months...
See anything out of the ordinary?
Crypto market ONLY goes higher when ETFs are buying.
ETF's controlling the market - since Jan 24'.
$BTC Coinbase Offloading Spot, Again
As soon as markets opened, CB started offloading massive amount of spot.
Quickly dropping the price from 60.7k to 59k.
Appears to be ETF's selling again, we'll know for sure tomorrow.
$BTC 5th Rection at 60k (in 3 days)
Bear Flag Still in Play
Need a close above 60k today, to have any possibility of a 61-62k retest.
If 59k doesn't hold, a drop towards 57k is much more likely.