BTC Daily Technical Analysis: Bitcoin Balances on Exchanges in Positive Towards a Massive Sale / Shorts with big leverage in action!


Another +5K BTC arrived on the exchanges today ready for sale!

18eea9c17d8bd13d1899b7262e7db62929bd8f90a5bfa94c53286d961b0131c2.png

 

 

The longs are largely up against the shorts, so possible Long squeeze to the south.

https://coinalyze.net/snapshot/4yOa2sTr 

9fba62d9046de042709690716273a9c0c7db3154e153b311010d01c88a096a87.png

 

 

 

The liquidation map shows that the longs are cautious with liquidations a bit off the price from 17.3K while the shorts are confident with liquidations near of the price at 19.6K, so to see if we will go first to 19.6K or 17.3K? I think we will go to 19.6K to liquidate the shorts and then the 17.3K

224ff524236aadd86c81f08a0e7c98228f197a79b707398d2d9ae573bb3909d3.png

👉 Follow the links below to the best & Secured Exchanges that I use for trading & often gives rewards for using their platform like Learn & Earn Program, making deposit & Trading on spot or Futures, Trading Competition, ...etc.

📈 Bybit: Get up to 4030 USDT in rewards just by signing up!
https://www.bybit.com/app/register?ref=7Wgmj

📈 Binance: 10% discount on Binance Futures trading fees!
https://www.binance.com/en/futures/ref/38451215

📈 FTX: Sign Up Bonus of 5% fee discount on all your trades.
https://ftx.com/referrals#a=1768923

📈 Phemex: Up to $180 in welcome bonuses waiting for you.
https://phemex.com/register?group=718&referralCode=BAR9K

📈 Kucoin: Rewards for users Up to 10 million USDT
https://www.kucoin.com/ucenter/signup?rcode=Kvyf2d

📈 Bitmex: Up to 80 BMEX Tokens Welcome Offer.
https://www.bitmex.com/app/register/xXePh3

How do you rate this article?

15


FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.