$BTC volatility is only going to go up.
If Bitcoin reclaims $83K, there are no major sell orders until $85K.
If BTC loses $82.5K, there are no major buy orders until $80,500.
The recent upward move was primarily because of short positions being closed and little because of spot demand.
If this continues, the downside will start looking interesting.
If Bitcoin reclaims $83K, there are no major sell orders until $85K.
If BTC loses $82.5K, there are no major buy orders until $80,500.
The recent upward move was primarily because of short positions being closed and little because of spot demand.
If this continues, the downside will start looking interesting.