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@GetBlockGames@GaiminIo#GAIMIN
High Volatility Ahead for Bitcoin: Liquidation Levels Will Pressure Traders
In the last 7 days, we observed a significant concentration of longs on major exchanges, forming huge liquidation pools, with the maximum pain point just below $60k USD.
However, when we analyze the last two weeks, we still see that the $67k USD region remains the highest liquidation level!
It's common for new liquidation levels to form above the price when the price is falling, and the same applies when the price is rising. This happens because market makers leave liquidity traces, and these levels are sought after with high accuracy over time, even if it takes weeks or months!
๐Join our waitlist and gain early access to the best metrics in the market!
https://t.co/bWYuDukuGX
@brokebackUSA 'cited by' does not mean they used his patent or any of the information in it, they probably just read it and used one of the terms in it
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