Bitcoin / TetherUSShort
22k Trapped buyers to be liquidated POST-CPI
BTC had trapped buyers at 22.5
Big traders got trapped thinking we going to a bull market that easily
In a blockchain based world, Traders try to manipulate market, create pumps to liquidate each other (that is why big whales dont share their positions on binance leaderboard)
According to Glassnode data
We should be visiting 18600 at least to get trapped futures buyers at 22k to be liquidated
this is a momentum-flow-based idea if the CPI results are negative towards crypto
Closed all positions
Will open positions after CPI
DYOR
Allah knows better
Big traders got trapped thinking we going to a bull market that easily
In a blockchain based world, Traders try to manipulate market, create pumps to liquidate each other (that is why big whales dont share their positions on binance leaderboard)
According to Glassnode data
We should be visiting 18600 at least to get trapped futures buyers at 22k to be liquidated
this is a momentum-flow-based idea if the CPI results are negative towards crypto
Closed all positions
Will open positions after CPI
DYOR
Allah knows better
Related publications
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.
Related publications
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.