JaphFx

Btc CRASH incoming!

BINANCE:BTCUSDT   Bitcoin / TetherUS
đź‘‘MARKET MOVEMENTđź‘‘

With 20222 seeing two of the largest capitulation events in history, we can clearly see that we currently have the largest Bitcoin transfer volume in loss since 2011. This means that over 530,000 BTC are currently in trading loss after the LUNA crash. and our last $20,000 breakdown towards $17,500.

What does this mean for the market in terms of price action?

--------------------
Btc Big Crash incoming

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.