CryptoCache™
$BTC Support is Building Spot Bands / OB Pressure is Heating Up Seeing increased buying pressure in the current range. The same thing happened 1 week ago just before Bitcoin ran from 61k to 67k. Once liquidation at 63k is swept, we should see a pivot…
$BTC Support Still Building
Spot Bands / OB Pressure is Heating Up
Seeing increased buying pressure in the current range.
Now that 7-day liquidation is swept, upside potential is increasing.
A pivot in this range (61-62k) is still VERY likely.
Spot Bands / OB Pressure is Heating Up
Seeing increased buying pressure in the current range.
Now that 7-day liquidation is swept, upside potential is increasing.
A pivot in this range (61-62k) is still VERY likely.
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CryptoCache™
$BTC Short Liquidation Delta SLD spiked to -10b less than 24 hours after a neutral FOMC meeting. Buy the Rumor, Sell the News Bears are firmly in control right now. Long positions are unsafe until descending trendline is reclaimed.
$BTC Short Liquidation Delta
SLD remains around -10b
If this remains too high for too long, we're due to see a short squeeze.
However, for now; bears remain in control. 🐻
SLD remains around -10b
If this remains too high for too long, we're due to see a short squeeze.
However, for now; bears remain in control. 🐻
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CryptoCache™
$BTC High Leverage Idiots Majority of late longs just got hit on that FOMC pullback. However, there is still a big chunk left in the 63k range. Longs are risky right now.
$BTC High Leverage Idiots
Shorts from Thursday getting greedy...
Stacked heavy between (now) 64.3k and 65.4k 🧲
Think we see a weekend short squeeze?
Shorts from Thursday getting greedy...
Stacked heavy between (now) 64.3k and 65.4k 🧲
Think we see a weekend short squeeze?
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They have:
No plan.
No risk control.
No discipline.
Then they point fingers at the market, or look for others to blame.
If you’re done gambling, start learning instead.
Join my free Discord: 👇
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It's about knowing when to walk away & learning from your mistakes.
That's why we stick together and grow as a community.
For traders who think the same 👇 https://discord.gg/PJv2gykpb7
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