⭐️BTCUSD: forecast for Mar 14-Mar 20
Updated
➡️ According to Datamish, over the past two hours, some large investors or organizations have borrowed about 1500 bitcoins to open short positions on Bitfinex. As of the current moment, the exchange has issued 3063 BTC on credit, and the vast majority of shorts are unextended.
The creation of a large number of short positions signals the upcoming dump of the bitcoin rate. Now the target of the downtrend is at the level of the nearest support barrier of 35000$. However, the price of the coin may fall even lower. The bitcoin market has been under bear control since mid-November 2021.
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
The creation of a large number of short positions signals the upcoming dump of the bitcoin rate. Now the target of the downtrend is at the level of the nearest support barrier of 35000$. However, the price of the coin may fall even lower. The bitcoin market has been under bear control since mid-November 2021.
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Note
Have you already seen my new idea for EURGBP? 👇
Note
👇There is new idea for BTCUSD 🙌
Note
👇There is new forecast for next week for BTCUSD 🙌
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.