Short liquidations are building.
Greedy short sellers may possibly cause Bitcoin and the crypto asset class to move out of this zone it entered today when panic selling occurred
Notice on the chart that BTC is no longer being sold out of the bollinger bands. And wicks are growing on the bottom of candles. This is a sign that we have quite possibly reached the bottom.
Watch the chatter, you will see people quitting the market "forever"
We have accelerated through panic sell straight into capitulation I believe.
This provides the moment of max financial opportunity, when fear is up and greed is down.
I havv linked relevant ideas of mine explaining how we got to this point. Note the idea about profit zones for BTC short sell, I am a swing trader so I go with the flow.
Here is a link to an idea by @Mihai_Iacob who has been dead on this entire run from $60k down.
THIS IS A VERY RISKY MARKET AND TRADE, PLEASE BE CAUTIOUS.
*THIS IS NOT FINANCIAL ADVICE ONLY MY OPINION
Greedy short sellers may possibly cause Bitcoin and the crypto asset class to move out of this zone it entered today when panic selling occurred
Notice on the chart that BTC is no longer being sold out of the bollinger bands. And wicks are growing on the bottom of candles. This is a sign that we have quite possibly reached the bottom.
Watch the chatter, you will see people quitting the market "forever"
We have accelerated through panic sell straight into capitulation I believe.
This provides the moment of max financial opportunity, when fear is up and greed is down.
I havv linked relevant ideas of mine explaining how we got to this point. Note the idea about profit zones for BTC short sell, I am a swing trader so I go with the flow.
Here is a link to an idea by @Mihai_Iacob who has been dead on this entire run from $60k down.
THIS IS A VERY RISKY MARKET AND TRADE, PLEASE BE CAUTIOUS.
*THIS IS NOT FINANCIAL ADVICE ONLY MY OPINION
