🚨 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? 👀
Imagine what happens to those shorts if the bulls take control. 💥 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. 🌱🐂
A season where the bulls prevail. Could that time be NOW? 👀🔥
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