First, the data: $BTC (24h: -7.38%)
Then, the news: $955 million in liquidations across the market over the past 4 hours, including $870 million in long positions.
When the news is bearish, everyone wants to run. The bottom often appears where few people are willing to buy. I make a habit of marking when news breaks on the intraday chart, then looking back at how things change.
Then, the news: $955 million in liquidations across the market over the past 4 hours, including $870 million in long positions.
When the news is bearish, everyone wants to run. The bottom often appears where few people are willing to buy. I make a habit of marking when news breaks on the intraday chart, then looking back at how things change.