โ ๏ธ $BTC longs just got wiped.
Is this the bounce now or is there more downside coming?
Tell me where you stand ๐
Is this the bounce now or is there more downside coming?
Tell me where you stand ๐
Post
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Bluechip
ยท
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โ ๏ธ $BTC shorts outweigh longs 1.6x on the liquidation map, and most of them sit within 1.5K of price.
A move through 82K turns those short liquidations into market buys.
- Price: 81K
- Steepest short build: 81.5K โ 82.5K
- Little short leverage left above 83K
- Long pockets at 81K and 80K, thin below 79K
I'm watching 82K first.
A move through 82K turns those short liquidations into market buys.
- Price: 81K
- Steepest short build: 81.5K โ 82.5K
- Little short leverage left above 83K
- Long pockets at 81K and 80K, thin below 79K
I'm watching 82K first.