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The data presented in the bitcoin settlement map is interesting and we should use this data as metrics for fluctuations in the price of bitcoin and other cryptocurrencies.
Strong Pump and Dump moves could occur soon and we have this data right now to track;
Bitcoin heading to the zone below 64.000 USD will see the liquidation of 3 billion Long positions.
Bitcoin moving towards the zone above 73.000 USD will see the liquidation of 7.5 billion Short positions.
In our BTC post, which is pinned to our profile here on Binance Square, we present the support and resistance zones that we are monitoring to carry out operations following the trends. Don't forget to check out the other posts for altcoins on our profile.
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Disclaimer: The analyses, trend alerts and opinions issued on the Pointbreak Live Room and other Pointbreak services, programs and channels are intended to provide data that can help the trader and investor make their own investment decision. It does not constitute any type of offer or solicitation to buy and/or sell any product. The information contained in this transmission is considered valid on the date of its publication.
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