🚨 #BTC HAS 3 TIMES MORE BEARISH LIQUIDATIONS THAN BULLISH ONES 🚨
If you want to see the real imbalance the market has right now 👀 click the yellow box +
According to the liquidation map, there’s over $13.2 billion in #long s waiting to be swept, compared to just $4.36 billion in #short s
This means there’s 3 times more liquidation pressure to the downside than to the upside, as I’ve pointed out in previous posts and it will continue to do so
🧠
With so much long liquidity piled up below, the price has a clear magnet towards those zones if it loses steam
Bitcoin is holding around 80k but the map shows a clear bearish bias in terms of pending liquidations
🤔 Do you think we will see that bearish sweep of the 13B in longs or will BTC manage to avoid it and keep climbing?
If you want to see the real imbalance the market has right now 👀 click the yellow box +
According to the liquidation map, there’s over $13.2 billion in #long s waiting to be swept, compared to just $4.36 billion in #short s
This means there’s 3 times more liquidation pressure to the downside than to the upside, as I’ve pointed out in previous posts and it will continue to do so
🧠
With so much long liquidity piled up below, the price has a clear magnet towards those zones if it loses steam
Bitcoin is holding around 80k but the map shows a clear bearish bias in terms of pending liquidations
🤔 Do you think we will see that bearish sweep of the 13B in longs or will BTC manage to avoid it and keep climbing?