In the last 24 hours, 427,278 investors were liquidated in cryptocurrencies, with the total liquidation amount reaching $2.07 billion. $1.87 billion of the liquidations occurred in LONG transactions. The largest liquidations were in BTC and Ethereum. #BTC #Bitcoin #Bearish #WhenWillBTCRebound? $BTC
#BTC gave a shallow break and now flipped, eventually turning it into a fakeout. Price had a strong drop, flipping below the intermediate again. Price action looks messy at this point. more tends to be #bearish now. Have to wait for the breakout confirmation. #crypto
In a bear market the clearest sign is dollar index When DXY is bullish, Stocks, Gold, Currency and Crypto will be bearish Right now DXY is bearish towards 92 at a minimum #bearish