BTC shorts positions have just been Rekt.



Much more Liquidity to look for above, so in the south we have huge peaks at 19.5K and then the 16.5K just below the last Bottom around 17.5K

38992a4e5366dd7ba9e15a751a3c7bea120a186ef565dc9b457de426f52e1a2d.png

 

Still the Longs on the attack between 50% and 61.8% than shorts, with a positive funding rate in favor of the shorts, and open interest in a bullish channel with + new Long positions, which confirms the buffet to the south.
The bullish channel on the price of BTC did not confirm the breakout yesterday and for the moment we are being rejected by the MA62 and the key resistance level at 20.5K to see the H4 close to confirm the rejection.
https://coinalyze.net/snapshot/uo808jaS

 

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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???

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