swear, I've seen so many people holding LONG positions on $BTC with massive unrealized losses, some even running into millions of dollars.
And they're still hoping $BTC will somehow recover to $90K.
Looking at this, I honestly feel like the market won't make a real move up until a lot of these longs get liquidated.
But here's what keeps confusing me. What if this is actually the bottom?
$BTC has been dumping slowly, and I wouldn't be surprised if we get one final massive dump to wipe out those remaining longs.
There's definitely a chance, but I could be wrong.
I'm genuinely confused about BTC today. Time will tell how this plays out.
Btw, at what price are you guys planning to buy Bitcoin?
And they're still hoping $BTC will somehow recover to $90K.
Looking at this, I honestly feel like the market won't make a real move up until a lot of these longs get liquidated.
But here's what keeps confusing me. What if this is actually the bottom?
$BTC has been dumping slowly, and I wouldn't be surprised if we get one final massive dump to wipe out those remaining longs.
There's definitely a chance, but I could be wrong.
I'm genuinely confused about BTC today. Time will tell how this plays out.
Btw, at what price are you guys planning to buy Bitcoin?