🦅Today I'm bringing this Bitcoin graphic to the diary again.

It represents the famous and unforgettable Cup-and-Handle pattern, followed by the MEGAPHONE pattern.

It means that Bitcoin is ACCUMULATING and will reach at least 150K.

On this path, it will be fueled by the forced liquidation of the SUPER LEVERAGED and SHORT positions.

Right now, there are $12 billion in shorts, that is, betting on Bitcoin's decline.

And only $500 million are in SUPER LEVERAGED positions, betting on Bitcoin's rise.

There were $20 billion in SHORTS.

$8 billion has already been LIQUIDATED in Bitcoin's rise from $110K to $116K.

And now, with Bitcoin rising to $126/$127K, These $12 billion betting on Bitcoin's decline will also be LIQUIDATED.

Unwary bears are stubborn!

And they keep falling into these bear traps set by the market.

And we, ROOT HOLDERS, are grateful for all the liquidity they offer.

Starting Wednesday, with the US interest rate cut, things will start to get really exciting in the crypto world.

Be prepared and well-positioned.

❤

VITRA isn't a promise, it's a solid foundation for the digital future!

Learn about our ecosystem and the VITRAVERSE token.

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Luís Almeida CEO VITRA VERSE

#BTC #bitcoin #crypto