Bitcoin has corrected a bit more, and it looks like the main liquidations of long traders are done.
Right now, there’s a huge volume of Liquidation Max Pain at the $119,000 level, give or take. It’s the perfect time to buy Bitcoin.
Right now, there’s a huge volume of Liquidation Max Pain at the $119,000 level, give or take. It’s the perfect time to buy Bitcoin.
Trade closed manually
I think it’s worth temporarily exiting Bitcoin positions. Some major whales are heavily betting against Bitcoin, and there’s significant liquidity set up for liquidating long traders between $105,000-$103,500.
It’s probably best to wait until those long traders get wiped out :).
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Sergio Richi Premium ✅️:
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Buy & Sell Bitcoin with Bybit + Master Card 💳:
➡️ partner.bybit.com/b/sergiorichi
New user exclusive:
Unlock up to 30,050 USDT + Welcome Gifts
Invite code (App): 46971
t.me/tribute/app?startapp=sAbh
Buy & Sell Bitcoin with Bybit + Master Card 💳:
➡️ partner.bybit.com/b/sergiorichi
New user exclusive:
Unlock up to 30,050 USDT + Welcome Gifts
Invite code (App): 46971
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.