#BinanceBlockchainWeek
Attention everyone! Important things are said three times!
On October 31st, Coinglass data tells us that if Bitcoin can surge to $73,777 and set a new high, the short positions on mainstream exchanges will have to be liquidated for $1.286 billion. Conversely, if Bitcoin drops below $70,000, then the bulls will need to be liquidated for $1.815 billion.
This is the ultimate showdown between bulls and bears! Speaking of the future trend, personally, I think it might drop first and then rise. Because this time the rise has been too fierce, retail investors have gotten excited, and the price has been oscillating back and forth in the past couple of days, which is actually waiting for the retail investors to come in. Although there are quite a few short positions in the range of $73,000 to $72,500, there are definitely more bullish chips coming up from below!
There are only a few days left until the election, and during this time, everyone usually buys on expectations and sells on facts, so the upcoming market fluctuations will definitely be particularly large, and there might even be extreme trends that catch people off guard. So everyone must control their own risks!
Recently, I plan to ambush a potential coin that is ready to explode, doubling it is quite simple, and I am also looking to find some potential coins to hold until the end of the year, with an expected upside of more than 10 times being no problem. If you want to keep up, follow me for free sharing.
