Bulls took $90.5K.
Now watching for W-bottom confirmation:
• Higher low at $88.4K (vs $87.6K before)
• MAs flattening
• $91.6K is the next level to clear
Break that = $93-94K in play.
Trying out trading on @GMX_IO, up to 100x leverage on $BTC, $ETH 📈
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BTC testing the MAs at $90.3K after that V-shaped bounce from $87.6K.
Decision point:
• Break above $90.5K = bulls in control
• Reject here = back to $88-89K
Watching this hourly close.
Trying out trading on @GMX_IO, up to 100x leverage on $BTC, $ETH 📈
For fee discounts use: https://t.co/7IkBij5B5f
GMX flipped from 62% long to 63% short in hours.
$56.9m volume. Everyone shorting $90K.
Contrarian alarm bells ringing.
Trying out trading on @GMX_IO, up to 100x leverage on $BTC, $ETH 📈
For fee discounts use: https://t.co/GXzwg5V0QG
BTC sitting at $91.3K with clustered support below:
• EMA 20/50 + SMA 200 all at $90-90.4K
• $90K psych level adds confluence
Need to reclaim $92K for continuation, otherwise $90K test incoming.
Trying out trading on @GMX_IO, up to 100x leverage on $BTC, $ETH 📈
For fee discounts use: https://t.co/7IkBij68UN
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