$BTC 63000, the people who borrowed money have come back again.
They said it would be settled cleanly and that surely things would rise—yet it dropped to 62,400. Now in the past twelve hours it’s flipped up by nearly ninety percent; after clearing one batch, another batch comes in, just like it was planned. How long has it been since the last time this group was cleared? And they’ve piled back again—really no memory at all.
OI is up more than three points, but the takers selling are still closing out about twice as fast as the buyers, and the price popped from 62,400 back to 63,000 and just got welded there—it can’t move up. A bounce and what of it? Previously, it bounced six times and couldn’t break through 65k; now it can’t even get past 63,300. Whale accounts have added more than twenty percent, but positions haven’t really increased—just opening accounts without taking the other side, what good is that?
For the past three hours, all twelve spot candles are green. The money is indeed still coming in, but the price just won’t move. Buying this aggressively yet staying sideways at this level suggests there’s still heavy overhead sell pressure. No matter how you shuffle it, it’s the same trick—nothing has changed.
If you believe them, the money is gone.
#btc $BTC
They said it would be settled cleanly and that surely things would rise—yet it dropped to 62,400. Now in the past twelve hours it’s flipped up by nearly ninety percent; after clearing one batch, another batch comes in, just like it was planned. How long has it been since the last time this group was cleared? And they’ve piled back again—really no memory at all.
OI is up more than three points, but the takers selling are still closing out about twice as fast as the buyers, and the price popped from 62,400 back to 63,000 and just got welded there—it can’t move up. A bounce and what of it? Previously, it bounced six times and couldn’t break through 65k; now it can’t even get past 63,300. Whale accounts have added more than twenty percent, but positions haven’t really increased—just opening accounts without taking the other side, what good is that?
For the past three hours, all twelve spot candles are green. The money is indeed still coming in, but the price just won’t move. Buying this aggressively yet staying sideways at this level suggests there’s still heavy overhead sell pressure. No matter how you shuffle it, it’s the same trick—nothing has changed.
If you believe them, the money is gone.
#btc $BTC