Long term trend is down towards 50K Short-term trend is up to 69K
It was only when the kimchi premium reached 0 or minus that it turned into a bullish market. (Check the circled part) This time too, the decline will only end when individual investors surrender. Additionally, high OI is maintained. Short liquidation price 69k Long Clearing Price 50K Observe these two points carefully. The freeing up of liquidity from...
Bitcoin reversal and when to buy back (long term view) A bounce from the mid-range is possible, but we expect the final destination of this correction to be near 50K. The rationale for this is 1. average buy line from short-term holders 2. massive liquidation lines 3. full or partial profit-taking by whales holding ETH and altcoins 4.There are many whales...