Bitcoin up or down?

1 Sep

Bitcoin has corrected a bit more, and it looks like the main liquidations of long traders are done.

Right now, there’s a huge volume of Liquidation Max Pain at the $119,000 level, give or take. It’s the perfect time to buy Bitcoin.

6 Sep

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I think it’s worth temporarily exiting Bitcoin positions. Some major whales are heavily betting against Bitcoin, and there’s significant liquidity set up for liquidating long traders between $105,000-$103,500.

It’s probably best to wait until those long traders get wiped out :).