BTC/USD - Stop loss was knocked out.
Five exchanges have different lows. That makes me think the downward movement isn't over.
They're pushing the price down.
It may well be that there's still going to be a decline to $90000-8800.
9100$ local minimum.
Bitmex local minimum $9273
Binance local minimum 9324
9330$ local minimum.
Coinbase $9294 is the local minimum.
The price may go lower, but this transaction will be very risky. Yes, there was an impulse, yes, it was strong and it seems that it will go even lower, but the market structure is not broken, the range is not broken, and most likely many people are either already in shorts or waiting for a rollback to the local level to get into the shorts. The deal is going to be bad and the stop is likely to be knocked out, so it is better not to fly into the shorts. Personally, it's too risky for me because we're in the middle of a mini-range.
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