Since breaking through $70k leverage has been declining, signaling a true breakout move for #Bitcoin following the liquidation of large short positions.
Many traders tend to believe that the recent uptrend is a trap or even a false breakout — this stems from the bearish sentiment that has been entrenched in market since the beginning downtrend — however, the data suggests otherwise. #BTC Price Analysis# #Macro Insights# #BTC #TechnicalAnalysis $BTC
Many traders tend to believe that the recent uptrend is a trap or even a false breakout — this stems from the bearish sentiment that has been entrenched in market since the beginning downtrend — however, the data suggests otherwise. #BTC Price Analysis# #Macro Insights# #BTC #TechnicalAnalysis $BTC
