TheBitcoinWizard

BTCUSD Bitcoin - Short Sell - Longs hit extreme levels

Singkat
BITSTAMP:BTCUSD   Bitcoin
Hi Traders,

Unfortunately many traders lost money during the Crypto crash but I was fortunate enough to be on the right side and made some profit.
myfxbook -> BitcoinWizard

Leverage longs hit extreme levels at the 44,000 area, there was a clear flat spot and a sell wall holding it below this level where the bulls went balls deep.

I think the market is now in shock and the leveraged positions are un-winding.

On Binance alone there has been over $2billion leveraged longs liquated.

I do not think this is the bottom
Penafian

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