Price goes toward liquidity, a lot of liquidity 40 and under, no liquidity up top at all, so where will the exchanges and whales take the price lower to accumulate and to have people make trades and earn commissions for the exchanges, 30k is a real number for bitcoin and this scenario is for sure in play, unfortunately i can not 100x leverage but i swear i would. i have been only shorting this market no longs at all because price may be taken to liquidity anytime this is just a trap for longs to get used to the bottom of the range to then dump it on them and make them buy back their position lower. I believe this is all going to happen very very very soon bitcoin expect another mark down. I'd prefer you short at the top of the range to be safe, you can always safely put your stop loss a little above so you don't lose a lot but your reward on the risk is terrific. if you want to short the medium top level 42200 seems ok. long/short ratio still very high 3/1 which is perfect for max pain scenario, why would whales short squeeze such s small amount of shorts, when they can just dump the price kill the longs and accumulate cheaper immediately, it's path of least resistance, just putting pieces of the puzzle together. other than that good luck!
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we might still range for a little bit but the break out will happen sometimes next week maybe sooner who know how long whales would like to exploit the marketplace. I can't time it, but my positions are on the down move and I am just SODLing my shorts, cause you know we are terrible at timing things, but we are good at picking eventual logical outcomes.
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man these 3 dojis look funny on daily gonna close the same way tomorrow bet nothing will change, and this thing forming somewhat of bear flag lol
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LMFAO 40k liquidity gone, up still no liquidity, orders all the way up to 38 we going down some more, bruh hahaha
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back in the range is nothing new we gonna go down eventually lol market maker still not ready, they wanna ping pong pong from range to liquidity, i guess that how we make money we professional ping pongers, short the top exit bottom short the top exit bottom, dont be a knife catcher and long the bottom you gon get raped
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again SHORTING THIS FKR at 421-423 very safe highly unlikely price go higher than that, whales keep Fing the bulls lol
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lol this is insanity, whales just playing everybody that's why i dont f with mid range too dangerous it just spiking back and forth they shaking out longs like crazy
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YO YO YO, we got some liquidity added up top at 42500 price might break the range and go up there this is awesome gonna short it there, once price reaches that area back into crabby downside, or hopefully not so crabby downside
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guys top liquidity gone we can finally ride this hoe down now
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expect crabbing but 38 is reality now, gonna send my limit buys a little above that maybe 38500
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If y'all scaredy cats didn't short here we have nothing to talk about
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Yes I am still sodling all I got in this world is my balls and my shorts
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Hopium induction in process in my opinion, oh guys earth is flat and BTC going to the moon, oh by breaking out next target million k eoy, hahahaha, I am not even worried cause it always ends the same way. They want moonbois back in caves. Lol my entry not as shit as y'all so I can bear through no pun intended, can you?
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added to to my short at 42913 price
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you win some you lose some, i enjoyed making money in the range but what can you say i am guessing market makers need to induce even more hopium you can start to smell and hear it from the youtubers already haha, they already going to 100k, fact is we are having a temporary bounce there is no reason for btc to push past all time highs, i doubt it will even get above 45500 before completely eating fecal matter