Do you believe $BTC
Could reach $57K now?
The reality is that the market has been heavily exposed to Long positions, and a premature bullish move only encouraged traders to increase that exposure even further.
I believe BTC will only start rising again once the major market players have gained an advantage over those who rushed into positions.
That's my current view.
Our Liquidation Levels data, covering timeframes from 1 month to 2 years, has made one thing very clear: Traders have been on the wrong side of the market most of the time.
#BTC
Could reach $57K now?
The reality is that the market has been heavily exposed to Long positions, and a premature bullish move only encouraged traders to increase that exposure even further.
I believe BTC will only start rising again once the major market players have gained an advantage over those who rushed into positions.
That's my current view.
Our Liquidation Levels data, covering timeframes from 1 month to 2 years, has made one thing very clear: Traders have been on the wrong side of the market most of the time.
#BTC