Bitcoin moves with liquidity and will follow the path of maximum pain. An extension of the initial pump with fibonacci under consideration of the btc long short ratio in combination with liquidationlevels is showing this path, the path for maximum pain for retail.
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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.