Good morning!
The bitcoin long/short ratio has fallen quite a lot again. It’s very low.
This shows that more people are betting on shorts (drops) at the moment than on longs.
Result? This eases the leverage pressure for a drop, creating room for more upside.
The bounce toward $69k still holds true as I’ve been repeating for days! $BTC #BTC $BTC
The bitcoin long/short ratio has fallen quite a lot again. It’s very low.
This shows that more people are betting on shorts (drops) at the moment than on longs.
Result? This eases the leverage pressure for a drop, creating room for more upside.
The bounce toward $69k still holds true as I’ve been repeating for days! $BTC #BTC $BTC
