Bitcoin just showed why chasing a green candle can be dangerous.
$BTC pushed above $87,000 yesterday before pulling back toward the mid-$85K area today.
And here's what makes the move interesting:
A huge wave of short positions was liquidated during the rally, with hundreds of millions of dollars in bearish positions wiped out.
So the real question isn't simply:
“Is Bitcoin bullish?”
The better question is:
How much of this move came from fresh buyers—and how much came from short sellers being forced out?
That distinction could matter.
Are you watching $BTC for another breakout or a deeper pullback?
What's your view?
$XAU #BTC #BTC走势分析 #BTC☀ #flows #PriceActionAnalysis
$BTC pushed above $87,000 yesterday before pulling back toward the mid-$85K area today.
And here's what makes the move interesting:
A huge wave of short positions was liquidated during the rally, with hundreds of millions of dollars in bearish positions wiped out.
So the real question isn't simply:
“Is Bitcoin bullish?”
The better question is:
How much of this move came from fresh buyers—and how much came from short sellers being forced out?
That distinction could matter.
Are you watching $BTC for another breakout or a deeper pullback?
What's your view?
$XAU #BTC #BTC走势分析 #BTC☀ #flows #PriceActionAnalysis