🚨 BITCOIN COULD BE SETTING A TRAP FOR THE BEARS!
Most of the downside liquidity has already been captured.
Millions of dollars in LONG positions have been liquidated, leveraged buyers have been flushed out, and the market has undergone a real cleanup.
WHAT IF SHORTS ARE THE NEXT TARGET?
There’s a significant concentration of liquidity above the price. If $BTC starts to regain ground, sellers’ liquidations could trigger a chain reaction.
Shorts getting liquidated = forced buybacks = potential fuel for an explosive rally.
Most of the downside liquidity has already been captured.
Millions of dollars in LONG positions have been liquidated, leveraged buyers have been flushed out, and the market has undergone a real cleanup.
WHAT IF SHORTS ARE THE NEXT TARGET?
There’s a significant concentration of liquidity above the price. If $BTC starts to regain ground, sellers’ liquidations could trigger a chain reaction.
Shorts getting liquidated = forced buybacks = potential fuel for an explosive rally.