BTCUSD LongsShort
BTC long liquidation scenario
Bitfinex's long volume has reached an unmanageable state.
Whether the BTC price rises or falls, the above volumes will have to be sorted out.
Liquidation as the price of BTC rises will be positive for the market,
but If it is sorted out along with the BTC price drop, it would be hell.
Whether the BTC price rises or falls, the above volumes will have to be sorted out.
Liquidation as the price of BTC rises will be positive for the market,
but If it is sorted out along with the BTC price drop, it would be hell.
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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.