đš US hedge funds are still heavily SHORT on $BTC , although their positions are gradually shrinking.
The bearish pressure hasn't disappeared yet. But what happens if Bitcoin breaks above the rising channel? đ
Imagine what happens to those shorts if the bulls take control. đ„ Liquidations could get ugly!
The monthly chart shows the bears are still fighting back, BUT the monthly RSI suggests we could be getting closer to a new season. đ±đ
A season where the bulls prevail. Could that time be NOW? đđ„
Don't let the bears convince you to join their side just before the market makes its next move.
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases #EarningsSeason #PepeJumps14%ToLeadAltcoinRebound #GoldFallsBelow$4000ForFirstTimeSinceJuly
The bearish pressure hasn't disappeared yet. But what happens if Bitcoin breaks above the rising channel? đ
Imagine what happens to those shorts if the bulls take control. đ„ Liquidations could get ugly!
The monthly chart shows the bears are still fighting back, BUT the monthly RSI suggests we could be getting closer to a new season. đ±đ
A season where the bulls prevail. Could that time be NOW? đđ„
Don't let the bears convince you to join their side just before the market makes its next move.
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases #EarningsSeason #PepeJumps14%ToLeadAltcoinRebound #GoldFallsBelow$4000ForFirstTimeSinceJuly