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If
#bitcoin☀️
pump to 67500, short positions worth 1.5 billion dollars will be liquidated 👀
Market makers are currently calculating which scenario is more favorable.
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.
Lee los TyC.
BTC
91,949.8
-2.51%
777
0
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$BTC UPDATE Meanwhile, the point of BTC is to be able to recover above $60,000 at the close of yesterday's candle. If the position is like that, we can assume that this is a liquidity sweep. My own view is that BTC has the potential to go up to the Imbalance range at around $64,000. Not sure if this will be the reversal and validate the Inverted Head & Shoulders, or we reject again at Imbalance and continue down again. This Friday's Core PCE remains key for the overall direction in BTC though. And while if we look at the forecast, the expectation tends to be good for Crypto.
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As I wrote few days ago, $BTC is faced with two choices. Either Sideways and August Bullrun or Current Correction to below 63k and July Bullrun. A few hours ago it turned out that the Market chose the second option. I hope it will be the lowest point of the correction and immediately bounce back at least to 69K. so, Alts Coin can breathe better. I am still waiting for confirmation of the ideal position. after that I'll create a new scalping setup. be patient. 🍻
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If you look at the 4-hour candles, it looks like BTC chose the second option from the plan I made. well, let's follow where the market maker roams. i made a set up for light scalping. check this out: $BTC / USDT 🔴Direction : SHORT 🚨ENTRY 64200-64600 Lev 50x-100x 💥TP1 : 63800 💥TP2 : 63500 💥TP3 : 63200 💥TP4 : 62800 🚨SL : 67000 ( SL Must use ) ----- $ETH / USDT 🔴Direction : SHORT 🚨ENTRY 3530-3560 Lev 50x-100x 💥TP1 : 3500 💥TP2 : 3480 💥TP3 : 3450 💥TP4 : 3430 🚨SL : 3680 ( SL Must use ) I'm not forcing you to believe, because all decisions should be under your control. You know better about your financial risk management. it's just my 2cent, may God bless us all. 🍻
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Many People say "I think it's hard to go uptrend already!" But rarely do they say "it's already hard to go down again". Actually, the concept of ups and downs is the same because each has resistance and support. The easiest technical tool to determine this is RSI. $BTC now has 2 options: 1. Bounce back and bullrun in August 2. To 62.8k area and July bullrun Analysis by Bollinger Band weekly time frame + historical movement in 2020. Because of the American election, it needs fresh funds, it is likely to rise as soon as possible. wait n see...
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🚀 $BTC UPDATE💥 Price is consolidating above 64564 our well know support and resistance zone. Current support at: 64849 Stoploss below 64564 or 63.1k 🟢TP: 66139, 66706, 67179 🚨REMINDER, DON'T OPEN SHORT🚨
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