Bitcoin

Bitcoin (BTC) • Not looking good while we don't reclaim this

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Hello Kings.

So we are back in to chop-land and funding rates ping-pong.

Effectively, I m not bullish WHILE we don't reclaim above 19.4-19.9 range and ideally funding rates weighted by open interested also turn negative OR we revisit that lower range.

While that doesn't happen I am waiting to see the test of 17.5-18k range since the orderbooks show strong demand in that region.

Watch the full for more details and nuanced explanations what heuristics I am looking for.

syot kilat
syot kilat

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