✏️ Swing against the shorts
Towards evening, #Bitcoin dumped down to $86,400 followed by a quick bounce back to $87,600!
Many see that the situation isn't smelling good and that we are confidently heading toward the support at $85,000 trying to capture the upcoming correction impulses with short positions. For this reason, we can observe such regular bounces to liquidate excess shorts.
We continue to calmly wait for the continuation of the correction through such short-term bounces
BTCUSDT
Perp
87,554.9
-0.02%
SQDUSDT
Perp
0.06945
+33.42%
MIRAUSDT
Perp
0.1341
+5.84%