A few days ago I showed you this chart and told you $BTC did not have enough reason to drop much lower than 61k, because there was simply not enough liquidation pressure at that level. It dipped to around 62k and then bounced all the way back up to 79k.
Right now Bitcoin does not have enough fuel left for more upside. If we drop below 61k there is more than 13 billion dollars worth of liquidations waiting to get triggered. If you are thinking of going long, keep that in mind!
#btc70k
Right now Bitcoin does not have enough fuel left for more upside. If we drop below 61k there is more than 13 billion dollars worth of liquidations waiting to get triggered. If you are thinking of going long, keep that in mind!
#btc70k
