Bitcoin and next short liquidations

8 Des 2021

BTCUSDT

Bitcoin already liquidated 2.6B long positions now we got 35% opened short positions on 1D so its a perfect time liquidate short positions and make a last pump to 63-72K and over this cycle. We bounced at 42K and now trade in local fib with 3 times touches resistant line on fib, so next one touch possible will be break out with pump to 0.5 lvl and retest this line like support and continuation move up.



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