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$BTC This Should Be Illegal (Coinbase)

CHECK THIS OUT...

Every weekday at exactly 4pm EST, Coinbase reduces their traders margin (often forcing closed positions).

When this occurs, Coinbase positions themselves for the day ahead. Same thing occurred yesterday at 6pm EST.

Look at the wick down on CB, and the instant buys shortly after. Forcing shorts to liquidate.

HIGHLY SUSPECT!
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$BTC Rectangle Pattern

If lower range support at 62.4k holds, it's likely we see a retest of 64k+

However, FVG's below + 3d liquidation suggest downside is also possible.

Rectangle patterns are fundamentally neutral.

So it's best to be patient in situations like these.
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$BTC Short Squeeze Potential

HUGE PROBLEM...

Low Leveraged shorts are heavy in the 64-66k range.

These positions carry the most potential for liquidation because they are large position trades.

The perfect target for MM's exit liquidity.
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$BTC Order Books

OBs increased over the weekend in the low 50-55k range. 🧲

Perps heavy at 61k...
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$BTC Long Liquidation Delta

Flipped GREEN today

A far cry from -30b, less than 2 days ago

Bulls have regained control... 📈
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It's about knowing when to walk away & learning from your mistakes.

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💯5🏆4
$BTC 7 Day Liquidation Heatmap

If you're shorting right now, this chart should scare you.

If 64k breaks, we could see a reverse of last week to the upside...
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$BTC Whale Wars🐋

$151m in longs open between now and 58k.

The heaviest interest in the low 58k range.

Who here thinks we see these levels get hit soon?
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$BTC Liquidation Cascade

US markets opened with a vengeance after stock markets tanked, creating a landslide.

If we're going to see any recovery from here...

Spot volume MUST pick up over the next 24 hours.

Paying close attention to this metric.
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$BTC 3Day Liquidation Map

Still hot at 60.8k

Potential pivot in this range (60-61k), seeing that it previously acted as a support.
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Is Bitcoin Shifting Gears?
Critical Update!

Watch Here: 👇
youtu.be/ZgAsF_6_Up8
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$BTC Order Books

OBs stacking at large round intervals

60k, 59k and 58k 🧲
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$BTC 3d Liquidation Heatmap

60k still heavy on the LTFs.

Bounce or drop from here?
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$BTC Strong start today

CPI came through below expectations.

Likely continuation towards 63k today after breaking descending trendline + double bottom.
4
$BTC Spot Volume Spike

When spot volume spikes up across multiple exchanges...

Usually a good sign of strength / continuation.
4
$BTC Long Liquidation Delta

LLD is dropping, yet remains positive.

This indicates longs are still protecting the 60-62k range, for now.

However, if LLD breaks even, it usually signals a shift in momentum.

Bitcoin is yet again on the edge of greatness, or disaster...
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Bitcoin Breakout, or Fake out?

Watch Here: 👇
youtu.be/24I5U48cbRM
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$BTC 63k Next?

Crazy PA today...

Spikes to H&S 62.8k resistance
Dumps to 61k support
Pivots for a rally back to 62k+

Looks like Asia wants to sweep US highs at ~62.9k.

Might see a small pullback, LTFs are overextended.

But I would hold off on shorts for the moment, this push has some legs.
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