SQ88

BTC Capitulation

Short
SQ88 Updated   
COINBASE:BTCUSD   Bitcoin
So, market seem to not be able and provide more liquedity for the makers. Also there is alot of technical bulls in this play now. Big drop sub 3200 is enough to trigger all the stop loss of these bulls and create new fear in the market.

The other senario is that the market makers see enough liquedity in all the shorts and will push it higher .


We might se this action sunday evening.

As shown in a simple maner there is very similar fractals from the 6k levels and these levels (Bear accumulator while liquedity is there)



50x shorts with 40 usd :)


Thanks






Comment:
* I am short. 3889 on bitmex. First trade with such high leverage.

GL
Comment:
0.0114 btc to 0.0371. Waiting for another short entry, also on 50x :)
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