BTC Conference warning.
I hate making posts like this because i sound like someone spreading bearish FUD.
If you are thinking of high leveraging/margin into BTC longs at current prices $69-$70k i would highly advise against it.
*Also it could effect the whole Crypto market, BTC price movement always does*
There is so much open interest and leveraged long liquidity between $67k-$69k
I could be wrong but i am fairly certain between now and when Trump speaks there will be a liquidity sweep, it just feels inevitable.
I am not being bearish, i own BTC spot, im always Bullish on BTC.
All i am saying is that you need enough room in your trade to survive a liquidity sweep to $67-$66k.
The closer BTC gets to $70k in the coming hours and the more chance it will happen.
Trade Safely.
Peace.
#Bitcoin_Coneference_2024 #TheWolfThatWins #BTCâ
#SOFR_Spike #HamsterKombat #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today
