šØ #BTC HAS 3 TIMES MORE BEARISH LIQUIDATIONS THAN BULLISH ONES šØ
If you want to see the real imbalance the market has right now š click the yellow box +
According to the liquidation map, thereās over $13.2 billion in #long s waiting to be swept, compared to just $4.36 billion in #short s
This means thereās 3 times more liquidation pressure to the downside than to the upside, as Iāve pointed out in previous posts and it will continue to do so
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With so much long liquidity piled up below, the price has a clear magnet towards those zones if it loses steam
Bitcoin is holding around 80k but the map shows a clear bearish bias in terms of pending liquidations
š¤ Do you think we will see that bearish sweep of the 13B in longs or will BTC manage to avoid it and keep climbing?
{spot}(BTCUSDT)