#Bitcoin breaks above $82,000
$BTC is stuck at 81,400, moving sideways like someone refusing to get out of bed on the weekend.
Trading volume has dropped to half its average, with bulls and bears both waiting for the other side to show its hand.
Whales' long/short ratio is still at 1.79 and they're adding to their positions—it looks like they’re gearing up for something, but sellers are more aggressive than buyers in the order book, and the price is languishing below 81,806.
I’m leaning cautious. Until it breaks above that level on strong volume and holds, it may test the 79,800 support first.
If you think I’m talking nonsense, come roast me in the comments. I’ll be waiting. #CryptoMarket
$BTC is stuck at 81,400, moving sideways like someone refusing to get out of bed on the weekend.
Trading volume has dropped to half its average, with bulls and bears both waiting for the other side to show its hand.
Whales' long/short ratio is still at 1.79 and they're adding to their positions—it looks like they’re gearing up for something, but sellers are more aggressive than buyers in the order book, and the price is languishing below 81,806.
I’m leaning cautious. Until it breaks above that level on strong volume and holds, it may test the 79,800 support first.
If you think I’m talking nonsense, come roast me in the comments. I’ll be waiting. #CryptoMarket