i think the temporary buttom is here at 72.000$ . there is nowhere else to go down from here , i think its going to consolidate right here for a while for the price to get stronger before moving on with the trend
INCREDIBLE $BTC
AFTER ALL OF THAT LONG LIQUIDATION, THEY MANAGE TO MAKE ANOTHER STACK OF LONG LIQUIDATION BELOW.
1,150,000,000 USD IN LONG LIQUIDATION AT 72K
5,450,000,000 USD IN SHORT LIQUIDATION AT 78K
INCREDIBLE $BTC
AFTER ALL OF THAT LONG LIQUIDATION, THEY MANAGE TO MAKE ANOTHER STACK OF LONG LIQUIDATION BELOW.
1,150,000,000 USD IN LONG LIQUIDATION AT 72K
5,450,000,000 USD IN SHORT LIQUIDATION AT 78K
$BTC still has an unfilled CME gap around $84,500
In the previous bear market, Bitcoin had a similar upside CME gap and only filled it after the bear market bottom, almost a year later
$BTC IS VERY CLOSE TO THAT SHORT LIQUIDATION CLUSTER
$2.49B IN SHORTS AT 78.6K
$0.79B IN LONGS AT 76K
Grab the closest cluster or what do you think?
Stock market deception. Pumping futures yesterday on memorial day to make it red today. But still new ATH made.