World Trading Journal | WSSIGNALS ποΈ
At first glance, it may seem that the zone below $29k is a zone of deviation. I see a huge volume, it looks like a capitulation. $29k to $26k is the pit for this cycle. To confirm this idea, I want to see accumulation in this range. Will the bulls be ableβ¦
Today ATH reached
#BNX (I called it at $93)
Bitfinex Longs.
Today's range is good for a long investment if you can hold a position until 2025.
#BNX (I called it at $93)
Bitfinex Longs.
Today's range is good for a long investment if you can hold a position until 2025.
A little observation over the last 12 days.
We are in the range of two POC $31500 & $28500
The most interesting thing is that the open interest is practically unchanged.
πͺ¨Long positions decreased by 7100βΏ ($212m)
π€‘Short positions increased by 8,500βΏ ($254m)
π€‘π€‘ endless inflow of bitcoins to the exchange
Why are people shorting the dip ?
We are in the range of two POC $31500 & $28500
The most interesting thing is that the open interest is practically unchanged.
πͺ¨Long positions decreased by 7100βΏ ($212m)
π€‘Short positions increased by 8,500βΏ ($254m)
π€‘π€‘ endless inflow of bitcoins to the exchange
Why are people shorting the dip ?
Forwarded from WSSIGNALS Premium
It also seems to me that we haven't bottomed out yet. I'm just comparing with the previous cycle. When the price was below $30k there were large accumulations of long positions. Now, when the price has been below $30k for almost 2 weeks, only short positions accumulate.
People are not buying bitcoin
People are not buying bitcoin
WSSIGNALS Premium
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I said we didn't hit bottom a few days ago. Put away your memories of a bull market. No hope, just follow the market.
@WSSIGNALS Premium
LONG #BTC ENTER 30300 - 29900 TARGETS 30800 - 31500 - 32100 - 32900 STOP LOSS 29251
Shitcoins overtake bitcoin
Stay tuned π₯
Stay tuned π₯