Guys $BTC just did $69,000 ....
$1.1 BILLION in shorts liquidated in ONE hour 💀
that's not a dip getting bought.
that's shorts getting REKT and forced to buy back in
everyone was calling for lower.
everyone loaded up short. market said no
this is exactly how squeezes work.
not fundamentals. not news. just too many people on the wrong side at once
I'm not saying its straight up from here .... but liquidation cascades
like this don't happen at tops
what do u think, more room ....????
$BTC
#btc69k $
$1.1 BILLION in shorts liquidated in ONE hour 💀
that's not a dip getting bought.
that's shorts getting REKT and forced to buy back in
everyone was calling for lower.
everyone loaded up short. market said no
this is exactly how squeezes work.
not fundamentals. not news. just too many people on the wrong side at once
I'm not saying its straight up from here .... but liquidation cascades
like this don't happen at tops
what do u think, more room ....????
$BTC
#btc69k $