Questo non è un mercato ribassista, è una stretta enorme! Ri | MihaiDanielBMK su Binance Square

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Questo non è un mercato ribassista, è una stretta enorme! Rilassati, il tuo portafoglio sopravviverà!

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So far so good for #bitcoin , the German sell off is almost done , around 13.000 btc left to go, price had no impact which is good , but we have some resistance zones at 58.500$ and 60.000$ , let’s see from here how it goes

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Fear and greed indicator for #Bitcoin is at similar lows since early 2023, even though btc is below $60,000 it seems 83% of holders are in the red. It sounds divergent Bullish I would say!

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$58,200 the blocking zone for #bitcoin, it's good that we didn't drop below the Friday low, this means serious support at $54,000, on July 5 and 6, almost 80,000 bitcoins were withdrawn from the exchanges. I think bullish days are closer than we imagined!

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Looking at Bitcoin Exchange liquidation map, you can understand why price action is here , until 54.000$ there are 1.5 billion dollar long positions, above until 58.500$ ( where we have daily 200 moving averages as resistance) there are 1.2 billion dollars in short positions! So market stay where the money are plentiful

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Attention to #Bitcoin in the next hours, it is approaching the resistance, at $58,500 if it rejects from that area, at the moment we have 2 scenarios, double bottom (desirable!!!) or bear flag (we don't want). If the bear flag target is validated it is $50,250! Let's hope not

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