4 reasons why the crypto market might rise from here:
1. A flag pattern playing out for the third time in a row is less likely. 2. Possibility of a temporary peace deal. 3. BTC has never had 7 red months in a row (a green month is coming). 4. Rising OI and high short positions.
We sold everything at the peak, and now we’ve started some spot buying at a really good discount.
$BTC 💰 #Bitcoin failed to break the previous range high and dropped by almost $4k, which is a bearish sign.
There is a high liquidation zone at $72k. Expect a retest of this zone before heading down to the first target of $68k. #BTCReclaims70k #MetaPlansLayoffs