Disclaimer
***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
Most folks are looking at the wrong chart nowadays, if you take a look at coinmarketcap, coinmarketcap.com/cu...cies/volume/24-hour/
the 24h volume of bitcoin, adding all that will be $3,343,481,000, versus the volume on BitMEX which is $4,922,600,000.
Do you see where I'm going it with?
I bet there's a lot of people shorting bitcoin on that recent lower low break around $9,300, a bounce back above would trigger short squeeze and odds are in favor of bulls.
My play here is to go margin long here and place my stop loss under 8,700. good risk reward.
Disclaimer
***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
Most folks are looking at the wrong chart nowadays, if you take a look at coinmarketcap, coinmarketcap.com/cu...cies/volume/24-hour/
the 24h volume of bitcoin, adding all that will be $3,343,481,000, versus the volume on BitMEX which is $4,922,600,000.
Do you see where I'm going it with?
I bet there's a lot of people shorting bitcoin on that recent lower low break around $9,300, a bounce back above would trigger short squeeze and odds are in favor of bulls.
My play here is to go margin long here and place my stop loss under 8,700. good risk reward.
Disclaimer
***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
Trade active:
In profit.