BTC Daily Technical Analysis: Bitcoin Balances on Exchanges in Positive Towards a Massive Sale / Shorts with big leverage in action!

in #trading2 years ago

Another +5K BTC arrived on the exchanges today ready for sale!

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The longs are largely up against the shorts, so possible Long squeeze to the south.

https://coinalyze.net/snapshot/4yOa2sTr

BTC.png

The liquidation map shows that the longs are cautious with liquidations a bit off the price from 17.3K while the shorts are confident with liquidations near of the price at 19.6K, so to see if we will go first to 19.6K or 17.3K? I think we will go to 19.6K to liquidate the shorts and then the 17.3K

King fisher.png

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