๐ฅ Bitcoin 86,010$ - big scam happening now! ๐ฅ
What happened today wasnโt a normal drop:
๐ We dropped from 86,344$ to 80,579$ = more than 58,001$ drop
๐ And we bounced back +6.25% the same day!
What does this mean?
Intentional liquidation of LONG contractsโฆ whales pushed the price down to take your liquidity, then came back to buy.
Technically now:
โ Strong support: 85,800$ - we strongly bounced from it on the chart
โ Resistance: 86,200$
โ In the picture: 97% selling and only 3% buying! Severe fear = usually the start of an uptrend
My expectation:
Holding above 86,000$ = breakout to 86,400$ then 88,000$
Breaking 85,800$ = we return to 84,500$
I see a buying opportunity for the trader with a target of 86,200$ and a stop at 85,600$
Important question: Do you expect weโll fly above 86,200$ tonight, or will we drop again? Answer in the comments ๐
#BTC #bitcoin n #ุชุญููู_ุงูุจุชูููู
What happened today wasnโt a normal drop:
๐ We dropped from 86,344$ to 80,579$ = more than 58,001$ drop
๐ And we bounced back +6.25% the same day!
What does this mean?
Intentional liquidation of LONG contractsโฆ whales pushed the price down to take your liquidity, then came back to buy.
Technically now:
โ Strong support: 85,800$ - we strongly bounced from it on the chart
โ Resistance: 86,200$
โ In the picture: 97% selling and only 3% buying! Severe fear = usually the start of an uptrend
My expectation:
Holding above 86,000$ = breakout to 86,400$ then 88,000$
Breaking 85,800$ = we return to 84,500$
I see a buying opportunity for the trader with a target of 86,200$ and a stop at 85,600$
Important question: Do you expect weโll fly above 86,200$ tonight, or will we drop again? Answer in the comments ๐
#BTC #bitcoin n #ุชุญููู_ุงูุจุชูููู
