#btcrejection
btcrejection
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THE 85.7K TRAP — BTC, F&G 74, 87K REJECTIONBTC touched $86,996 yesterday. Today it's dragging at $85,766 (-0.87%). The F&G is at 74. Greed is at its peak... so why is the price falling?
• REJECTED 3X AT 87K: On Oct. 5, the intraday price came close to $86,997, then collapsed. Volume: 6,759 BTC (+148% in 24h) — more activity, less progress.
• 72M IN LIQUIDATIONS + ETF OUTFLOWS: Coinglass reports $72M liquidated ahead of the Fed minutes. Institutions are selling, retail is buying high.
• COOLED FUNDING (+0.001%): Long carry costs less, but nobody is coming in. This is a market without conviction.
THE 85.7K TRAP — BTC, F&G 74, 87K REJECTION
BTC touched $86,996 yesterday. Today it's dragging at $85,766 (-0.87%). The F&G is at 74. Greed is at its peak... so why is the price falling?
• REJECTED 3X AT 87K: On Oct. 5, the intraday price came close to $86,997, then collapsed. Volume: 6,759 BTC (+148% in 24h) — more activity, less progress.
• 72M IN LIQUIDATIONS + ETF OUTFLOWS: Coinglass reports $72M liquidated ahead of the Fed minutes. Institutions are selling, retail is buying high.
• COOLED FUNDING (+0.001%): Long carry costs less, but nobody is coming in. This is a market without conviction.
• REJECTED 3X AT 87K: On Oct. 5, the intraday price came close to $86,997, then collapsed. Volume: 6,759 BTC (+148% in 24h) — more activity, less progress.
• 72M IN LIQUIDATIONS + ETF OUTFLOWS: Coinglass reports $72M liquidated ahead of the Fed minutes. Institutions are selling, retail is buying high.
• COOLED FUNDING (+0.001%): Long carry costs less, but nobody is coming in. This is a market without conviction.
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Bearish
#BullTrapOrNot #btc70k #midtermelection #BTCRejection This is my analysis on btc what you say 💬🤔 will wee see a crash again as btc is facing 2 kinds of resistances
or may be we just see a pullback(lower low)
and then breaking these two resistances !!
#BullTrapOrNot #btc70k #midtermelection #BTCRejection This is my analysis on btc what you say 💬🤔 will wee see a crash again as btc is facing 2 kinds of resistances
or may be we just see a pullback(lower low)
and then breaking these two resistances !!
or may be we just see a pullback(lower low)
and then breaking these two resistances !!
1
130
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Bearish
$BTC
🚨I'm looking at the bigger picture on the daily chart.
REJECTION HERE would make sense with our current pattern.
A clean range since February.
80k is starting to get hard to break.
$HYPE $RAVE
{future}(RAVEUSDT)
{future}(HYPEUSDT)
{future}(BTCUSDT)
#btcrejection #bitcoin #analysis #bearish #short
$BTC
🚨I'm looking at the bigger picture on the daily chart.
REJECTION HERE would make sense with our current pattern.
A clean range since February.
80k is starting to get hard to break.
$HYPE $RAVE
#btcrejection #bitcoin #analysis #bearish #short
🚨I'm looking at the bigger picture on the daily chart.
REJECTION HERE would make sense with our current pattern.
A clean range since February.
80k is starting to get hard to break.
$HYPE $RAVE
#btcrejection #bitcoin #analysis #bearish #short
63
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