BTC is currently testing the Feb 6th-7th (orange circle) daily timeframe candles as support. This structure test is healthy as it will continue to pull in more shorts who have been over-confident since the May 19th Selloff.
Shorts are now 110% higher than the previous 2021 high set on May 19th. If you look at what happened on Feb 8th - there was a large green candle that took BTC up to $46k in 1 day.
Something similar could happen here if shorts are used to squeeze price higher.
Shorts are now 110% higher than the previous 2021 high set on May 19th. If you look at what happened on Feb 8th - there was a large green candle that took BTC up to $46k in 1 day.
Something similar could happen here if shorts are used to squeeze price higher.
노트
Funding Rates largely negative again meaning shorts are once again overconfident here. The volatility will likely cease once Powell begins speaking at 2 PM as mkt realizes there is no major change in his stance only MORE dovishness. Get ready for rip higher @ 2 PM Eastern
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.