Big players are buying BTC 👀
Spot buying dominance rose to its highest level since September 21 in the order book microstructure.
A typical breakout bar, although I still think it needs to hold above $84k.
Yesterday, I thought the likelihood of bears getting liquidated was the dominant scenario.
Today, nearly $200 MILLION in crypto short positions were liquidated.
Unsure about the context? Take a look at the previous analysis. The move may not be over.
Spot buying dominance rose to its highest level since September 21 in the order book microstructure.
A typical breakout bar, although I still think it needs to hold above $84k.
Yesterday, I thought the likelihood of bears getting liquidated was the dominant scenario.
Today, nearly $200 MILLION in crypto short positions were liquidated.
Unsure about the context? Take a look at the previous analysis. The move may not be over.